Tiffany & Co. reported earnings that easily topped analysts’ expectations but its sales fell short amid protests in Hong Kong and a decline in tourist spending in the U.S.
Tiffany has posted a relatively weak set of second-quarter results, although these come off the back of very strong prior-year numbers and have been affected by currency conversion.
The trendy mall teen fashion shop whose trendiness appears on the wane has hired RCS Real Estate Advisors to help it re-evaluate its 815-store portfolio.
