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Jewelry

Tiffany Q4 sales up 3pc to $1.4B, fiscal 2019 revenue down 1pc to $4.4B

March 20, 2020

Tiffany, like its luxury peers, has temporarily closed stores in the United States and Canada as a precaution against the spread of the COVID-19 coronavirus outbreak. Image credit: Tiffany Tiffany, like its luxury peers, has temporarily closed stores in the United States and Canada as a precaution against the spread of the COVID-19 coronavirus outbreak. Image credit: Tiffany

 

By Luxury Daily News Service

U.S. jeweler Tiffany & Co., which shuts its North American stores over the COVID-19 outbreak, reported net sales for its fiscal fourth quarter ending Jan. 31 were up 3 percent to $1.4 billion, while annual revenue for the full year was down 1 percent on a comp-sales basis to $4.4 billion.

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  1. Preparing to reignite your luxury business post-pandemic
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  3. Luxury executives expect shutdowns to go on for months
  4. Marketing during the economic downturn
  5. Four Seasons, Belmond lure homebound consumers with virtual events
  6. Women in Luxury 2020 New York conference moved to Wednesday, June 24
  7. How Tom Ford innovates with consultations as stores remain shut
  8. Jewelers must take risks to inspire big-ticket purchases under lockdown
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  10. We have had athleisure. Is homeleisure China’s next big thing?
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