German premium brand ESCADA inaugurated last week its mono-brand store in the Romanian ...
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Prada opened last week two stand alone stores, marking the official entry on the Moroccan ...
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French luxury group PPR, parent company of Gucci, Bottega Veneta, Boucheron has teamed up ...
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French luxury maison Chanel announced the opening of its 6th store in Australia, in the ...
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Italian luxury group TOD'S which includes the Tod's, Hogan, Fay and Roger Vivier brands, ...
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The biggest rally in three years for luxury-goods makers in Europe is fizzling on concern ...
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TIFFANY's defies crisis and reports 25% sales increase
News 23 March 2010
American jeweller TIFFANY's reported this week a 25% increase in sales in the fourth quarter of 2009. Sales have been particularly strong in South America and Asia, lead by China and South Korea. TIFFANY's has weathered the crisis very well by wideing its price point on collections.Tiffany's profit in the fourfth quarter was USD 140 million.