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.
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