Jewelry
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
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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