(Reuters) - Tiffany & Co <TIF.N> lowered its fiscal-year sales and profit forecasts on Thursday, citing slowing economic growth in many countries and weakness in its home market, and the upscale jeweler's shares fell almost 7 percent.
(Reuters) - Tiffany & Co <TIF.N> lowered its fiscal-year sales and profit forecasts on Thursday, citing slowing economic growth in many countries and weakness in its home market, and the upscale jeweler's shares fell almost 7 percent.
Tiffany & Co. lowered its fiscal-year sales and profit forecasts on Thursday, citing slowing economic growth in many countries and weakness in its home U.S. market, while rival Signet Jewelers also issued a disappointing forecast.
Thursday, 24 May 2012 | Source: The Associated Press
Tiffany & Co., a bellwether of luxury spending, says its sales aren't rising as fast as last year in the U.S. or abroad, and the gift and jewelry chain cut its forecasts for sales and profit for the year.
U.S. stock index futures climbed after briefly cutting gains Thursday as investors sifted through a batch of mixed economic reports and amid ongoing worries over the euro zone.
Monday, 21 May 2012 | Posted By:
| Source: CNBC.com
Every so often, a movie depicts a character in an outfit that becomes iconic. What follows is a list of those that made an article of clothing famous, made characters famous for fashion sense, or managed some combination of the two.
NEW YORK (Reuters) - The price for staking ground on Manhattan's Fifth Avenue jumped 22 percent in the past year, spurred by a record number of tourists spending their dollars at top U.S. and international retailers on America's most coveted shopping ground.
Thursday, 17 May 2012 | Posted By:
| Source: CNBC.com
Stocks extended their losses in the final hour of trading to close near lows Thursday, after Fitch took negative action on Greece's ratings and following several disappointing economic reports.
NEW YORK (Reuters) - Players and coaches with the New York Giants football team gathered at Tiffany & Co.'s flagship store in New York City on Wednesday evening to receive newly designed rings commemorating their Super Bowl victory earlier this year.
NEW YORK (Reuters) - Players and coaches with the New York Giants football team gathered at Tiffany & Co.'s flagship store in New York City on Wednesday evening to receive newly designed rings commemorating their Super Bowl victory earlier this year.
NEW YORK (Reuters) - Players and coaches with the New York Giants football team gathered at Tiffany & Co.'s flagship store in New York City on Wednesday evening to receive newly designed rings commemorating their Super Bowl victory earlier this year.
HONG KONG (Reuters) - Goldman Sachs <GS.N> expects IPO hopeful Graff Diamonds' profit to grow an annualized 31 percent from 2011-14, driven by an increase in sales and higher profit margins, a research note obtained by Thomson Reuters publication IFR on Monday showed.
Disappointing results at accessory retailer Fossil sparked a selloff of the company’s stock that rippled throughout the retail sector, including the seemingly Teflon high-end retail sector... Read More