Friday, 27 November 2009

Tiffany & Co.’s Profit Takes One Percent Tumble – 27/11/09

Luxury jewellery brand Tiffany & Co. said its third-quarter profit fell due to weaker domestic sales as shoppers continued to limit their discretionary spending.

But despite the 1 percent profit decline, the results exceeded expectations, and Tiffany has raised its full-year forecasts. Read more at Forbes or the Associated Press.

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Who's behind the MO DOWN

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,