Monday, 21 September 2009

Tiffany & Co. Feeling “Optimistic” About Christmas Sales – 21/9/09

Speaking to Reuters from an economic forum in Dublin, the President of Tiffany & Co., James Quinn, stated, “We are reasonably optimistic about the holiday season."

He also added, “We are still not in positive territory. We are planning financially a more conservative outlook."

But despite weakened sales, he was adamant that Tiffany will not fall victim to discounting. Quinn responded to this question with, "No, we still believe the right pricing strategy is to price the product right first time."

Read more at Reuters.

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Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury,