Friday, 15 January 2010

Tiffany & Co. Raise Their Profit Outlook For The Year – 15/1/10

The holiday brought good cheer to Tiffany & Co. with the luxury jeweller announcing that sales rose after wealthy consumers started to spend more, according to Bloomberg.

The Wall Street Journal reported that Tiffany “raised its profit outlook for the year ending Jan. 31 from $2.07 to $2.12 a share from a previous projection of as much as $1.98 a share. Sales are expected to be $2.7 billion.” Click here to read more.

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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,