TIFFANY’s defies crisis and reports 25% sales increase

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.