The Tiffany’s Acquisition of Grace
Wednesday March 03rd 2010, 5:11 am
Filed under: talent acquisition

The competition of jewelry industry is becoming fiercer in an international scope. The old companies like Cartier are coming up with new designs and new series mean; they may attract more consumers. Meanwhile, numerous new companies are coming out. A lot of young people who have just got out of art schools have also joined the rank. They are talented and many of the new designs even shock me.

One of the prominent new companies is Grace, who is now taking up a large market share, though it has just been established for two years. Our company, the tiffany company, though a world famous one, feels threatened. The board of our company thinks that maybe it is high time we took in some new elements to make our company culture more abundant. And we are thinking about the acquisition of some new prosperous company. Our target is Grace. It will be great if we can make the acquisition of Grace come true.

                  

The Grace Company has been doing cosmetic business for a while. Recently, they transferred to doing jewelry business. It is established by a few college graduates who major in arts. They are very talented and gifted. What is more important is that they are young people. Therefore, they always keep the pace with the time. And they know what girls of their own age want. Their products are very popular nowadays. The biggest disadvantage they have is that they do not have enough financial support. There is not enough capital for them to design new products. That has been troubling them for quite a long time.

On the contrary, our tiffany company is never short of capital and funds. After so many years of development, we have been preeminence in the jewelry industry and we enjoy fame home and abroad. What we lack is new ideas and new design that will catch people’s eyes.

We send our representative to the Grace Company and talk with them about our willing of acquisition. After hearing that, their manager says that it will be a great opportunity to work with the world famous tiffany company. It seems that the acquisition is going to be a success judging from their attitude. Now, what we need to do next is talking about the detailed items.

 


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dakota1972

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