During these three months, Tiffany’s global markets saw encouraging performances, wherein sales were 3 percent up in the Americas and comparable store sales were up 1 percent. The Asia-Pacific market sales rose 4 percent helped with a good growth in China, Australia and Singapore, although Hong Kong and Macau depicted a decrease. There was a 21 percent increase in sales in Europe. While these market sales increase was within the backdrop of a strong US dollar, the sales in Japan were more impacted with the dollar. The company intends to undertake product and market expansions in the future, reports add.
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