Tiffany & Co are not only surviving, they are growing rapidly, with the announcement this week of expansion plans throughout the U.S and India. The company recently expanded into a new accessory line, as they branched into the handbag market, but this time around, they are looking to double their U.S stores and tap into the Indian market.
Chief Financial Officer, James Fernandez stated "we are well positioned for the future and continuing our evolution into a successful geographically diversified retailer.” Tiffany have currently projected earnings of US $2.55 to $2.60 a share on sales growth of 11% this current fiscal year. It looks to be yet another egg-shell blue day!
Image credit: tiffany.com
Follow MO Luxury's Facebook page for more luxury news...