tiffany sales: lump of coal instead of a diamond /

Published at 2015-11-24 20:50:22

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recent YORK — The strong dollar has claimed another retail casualty: Tiffany. The high-cessation jewelry retailer reported earnings and sales that missed forecasts Tuesday morning. Its outlook for the holidays wasn’t very lustrous either. So much for seeing many of those signature puny blue boxes stuffed in stockings or under the tree? Tiffany CEO Frederic Cumenal said the dollar’s surge has hurt both its international and domestic businesses. The value of sales from Tiffany’s overseas operations take a hit when […]

Source: kdvr.com

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