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Better than expected quarterly results for Tiffany & Co

Better than expected quarterly results for Tiffany & Co

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The American jeweller Tiffany & Co. exceeded expectations for its quarterly results thanks to the recovery of the luxury market in China and its consumption.

 

Known worldwide for its diamond engagement rings, Tiffany & Co is challenging market players with better than expected results and surpassing expectations on Wall Street.

 

Overall, sales in the Chinese market increased by more than 70%, particularly due to the recovery in demand in the luxury segment.

 

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