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Tiffany & Co. sees signs of recovery after H1 2020 sales impacted by COVID

The Tiffany T1 collection is showing positive signs of market acceptance. Image credit: Tiffany & Co. The Tiffany T1 collection is showing positive signs of market acceptance. Image credit: Tiffany & Co.

 

U.S. jeweler Tiffany & Co. saw its net sales fall by 37 percent to $1.3 billion in the first half of fiscal year 2020, as the coronavirus pandemic stalled the luxury industry this spring.