The Conversation (0)
Tiffany & Co. Expects Uptick in Sales, Driven by Increased Asian Demand for Silver
Mar. 25, 2013 11:24AM PST
Silver Investing
Reuters reported that Tiffany & CO. forecasts a robust year for sales, buoyed by an uptick in Asian appetite for silver jewellery.
Reuters reported that Tiffany & CO. forecasts a robust year for sales, buoyed by an uptick in Asian appetite for silver jewellery.
As quoted in the market report:
Tiffany has struggled to find the right mix between the expensive statement jewelry it is famous for, and the more-affordable silver items that generate one-quarter of sales and comprise its most profitable category. Silver sales sagged last year as price-conscious shoppers pulled back on nonessentials.