The Naples store (approximately 5,800 gross square feet) will complement the planned renovation of Waterside Shops with its Spanish-style, open-air architecture. A natural palette of light, warm tones distinguishes the store's exterior, with limestone entry arch and signature show windows. The interior features a series of intimate salons with glass and stainless steel showcases. The design of the Carmel Plaza store (approximately 3,000 gross square feet) is inspired by the plaza's village atmosphere of small-scaled buildings in Tudor and Spanish Colonial Revival styles. A double stone entry arch will be flanked by large multi-paned windows and accented with custom stainless steel doors like those of tiffany New York flagship store. The store's interior also features a series of accessible salons and custom showcases. "We are looking forward to bringing renowned tiffany jewellery quality and craftsmanship to two of the country's most beautiful and desirable communities," said Beth O. Canavan, executive vice president of Tiffany Bracelets. "We have a rare opportunity to create elegant and welcoming environments for residents and visitors alike that reflect the locations' unique architecture and allow us to build on the success of existing Tiffany locations in Florida and Northern California." Both new stores will feature an array of Tiffany's incomparable designs, including fine and engagement jewelry, watches, as well as a selection of accessories, china and crystal gifts. Tiffany & Co. (NYSE:TIF) operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Its principal subsidiary is Tiffany and Company ("Tiffany"). Founded in 1837, Tiffany now operates more than 140 TIFFANY & CO. retail stores and boutiques in the Americas, Asia-Pacific and Europe and engages in direct selling through Internet, catalog and business gift operations. The Company's Specialty Retail operations include consolidated results from retail ventures operated by subsidiaries other than Tiffany under separate trademarks or trade names. Worldwide sales were $2.0 billion in 2003. For additional information