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Tiffany’s Sales Drop for Fifth Straight Quarter

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Weak global economy, strong dollar cited as the culprits.

Tiffany & Co. reported a 5.6 percent decrease in sales for the holiday quarter, the fifth consecutive quarter during which sales have slid, Reuters reports. The news outlet wrote that weakness in the global economy and a strong dollar are the chief factors that have hurt high-end retailers like Tiffany, especially as the upscale jeweler remains reluctant to offer promotions. The retailer’s profit, however, beat Wall Street’s expectations as it raised prices and benefited from lower prices of diamonds, gold and silver.

Read more at Street Insider

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Wilkerson Testimonials | MSG Jewelers

Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

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