Posted Date: 8/30/2010
Tiffany Sales Soar in Europe, Launches 8 Web Sites
Although, direct marketing, Internet and catalog sales in the Americas declined by 2% for Tiffany & Co. in the quarter, which was below expectation, total sales in Europe increased by 14%.
Making this news even sweeter for Tiffany is the year-over-year euro and pound exchange rates, which were on average were 10% and 7% weaker than the dollar in the quarter. Therefore, on a constant exchange rate basis, total European sales rose 25% year over year.
Helping boost these strong number was the launch of eight new European online storefronts. "In mid-June, we launched e-commerce in eight countries in continental Europe," says Mark Aaron, vice president of investor relations, "and are quite pleased with the initial numbers of both visits and orders."
The strong European performance offset Tiffany's unexpectedly weaker sales in the America's.
Rate this Content (5 Being the Best)
Current rating: 0 (0 ratings)
|
|
|
|
|
|
|
|
|
|
Top 10 Takeaways from the 2012 Store Systems Study
1/25/2012 2:00:00 PM (EST)
Moderator:
Joe Skorupa, Group Editor-in-Chief, RIS News
Panelists:
>>Lee Holman, Lead Retail Analyst,IHL Group
>>Charlie McCarter, Regional Sales Director, SMB Retail Solutions, Dell Inc
>>Barry Wise, Industry Consultant, Epson America, Inc.
|
|
View On Demand
|
|
|
|
|
Leveraging WFM Analytics to Improve Labor Optimization
Retailers who have deployed automated workforce management solutions, such as budgeting, forecasting, scheduling, timekeeping and task management, have access to volumes of valuable data, which can yield a wealth of analytical information to improve workforce optimization and labor allocation. Explore how to build the optimal workforce management dashboard and gain actionable insight to improve labor optimization initiatives.
Download Now
|
|
|
|
Mobile and Tablet Shopping Demystified -- Adoption and the ROI Business Case
Kony is proud to sponsor Aberdeen's new report titled, "Mobile and Tablet Shopping Demystified -- Adoption and the ROI Business Case" by Principal Analyst, Sahir Anand. Between July and August 2011, Aberdeen surveyed 300 enterprises to assess the consumer, process and technology factors that are shaping the roll-out and gradual expansion of existing mobile and tablet shopping initiatives. This Analyst Insight details business and customer success cases, and forward-looking roadmaps that are likely to define this space in the coming months.
Download Now
|
|
|
|
|
|
|