Tiffany & Co. said Friday that its second-quarter profit fell but beat analyst expectations as its steep sales declines moderated, providing a sparkle of hope amid the moribund luxury market. The luxury retailer also raised its full-year earnings guidance, sending shares up nearly 9 percent by Return to Tiffany Oval tag pendantmidday. continue reading

Tahera Diamond Corp has signed an agreement with Tiffany & Co in which the luxury jeweler will buy or market all of the diamond production from Tahera??s Jericho Diamond Project and provide a CA$35 million ($28 million) loan facility to assist in the construction of the project.
Under the deal, Tiffany will purchase a significant portion of the diamond production from the Jericho Project in the Northwest Territories for its own manufacturing requirements, and will sell the balance on behalf of Tahera on the international market. continue reading

The world top Luxury retailer Tiffany & Co. sold its 8 million shares in Aber. The surprising news follows a change in the agreement between the two announced yesterday that eliminated certain restrictions on the sale of Aber shares held by Tiffany and the departure of Tiffany CFO James Fernandez from Aber??s board of directors.
The other change in the agreement between the two is the elimination of a discount on rough diamonds Tiffany purchases from Aber. continue reading

After the agreement between The Swatch Group Ltd and Tiffany & Co made, The Swatch Group Ltd has signed a declaration of intent with the City of Biel in Switzerland, according to which the Group will acquire the land and building at Seevorstadt 75 in order to build a new Tiffany & Co. Center. The price for the plot of land, which covers an area of 3400 sq.m., along with the building, is CHF 2.7 million. continue reading

According to National Jeweler, Merrill Lynch analyst Lorraine Maikis has downgraded her stock ratings for Tiffany and Co. and Blue Nile from "neutral" to "sell."
The downgrading reportedly stems from the volatile economic environment in the US, where the credit crunch, rising food and gas prices, and a weak housing market are forcing consumers to cut back on the purchase of luxury items such as jewelry. In addition, high metal prices also are contributing to retailers??? difficulties. continue reading

Tiffany & Co. said Friday that its second-quarter profit fell but beat analyst expectations as its steep sales declines moderated, providing a sparkle of hope amid the moribund luxury market.
The luxury retailer also raised its full-year earnings guidance, sending shares up nearly 9 percent by midday. continue reading

The world second largest luxury retailer Tiffany & Co has signed an agreement with the Economic Development Company in China's Xian district to establish a factory there. The company is interested in increasing its sales in China and aspires to boost its market share in the country with the world's highest growth rate. continue reading

Since 1986, Tiffany flagship store hasMedium Elsa Peretti Open Heart pendant  located in London for a very long time, during which tiffany gained a great success and popularity in UK.
The building that the tiffany flagship housed in is a historical and great building for both tiffany and the people of UK. And it has done a great contribution to the success of Elsa Peretti Open Heart pendant  in UK. continue reading