Tiffany & Co. is looking to expand into Portugal by participating in the Portojoia trade show in Porto, Portugal in September 2009. The objective is to establish Tiffany's as a recognized player in the Portuguese and European jewelry industry. Tiffany's will showcase their white gold and colored gemstone jewelry at the trade show and work to generate new business opportunities with local manufacturers. They will also work to receive positive media coverage positioning Tiffany's as an industry leader to help "localize" their store offerings in Portugal. Tiffany's has allocated a $20,000 budget for the trade show booth and materials, media training, and courting local and foreign journalists to attend.