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Tiffany & Co raised expectations for full-year profit today as the jeweller famous for its blue box packaging said the economic outlook is much brighter.
The retailer - which has six London stores, including branches on Sloane Square and in Westfield - saw second-quarter profit fall 30% to $56.8 million as sales slipped.
But chief executive Michael Kowalski said, “Many stores are now achieving either smaller year-over-year rates of sales declines or modest sales growth compared with the past two quarters.”
