(Bloomberg) - Tiffany & Co. has been expanding its workforce in sub-Saharan Africa -- a region of almost one billion people where the jewelry giant doesn’t have a single store. More than a quarter of the New York-based company’s 1,500 global diamond cutters and polishers are now based in Africa, Chief Executive Officer Alessandro Bogliolo said in an interview in Cape Town. Tiffany has factories in Botswana and Mauritius with staff subject to “intensive training” over two years, he said, making it the only western luxury brand that doesn’t outsource production of its African stones.
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