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China reported August retail sales that grew 10.8%, which beat the consensus 10.6%. Most encouraging was that online retail sales remain robust, underscoring my bullish view on Alibaba. As for offline retail, jewelry grew off a lower base so we view this of a…
Jeweller Tiffany & Co says its 30 China stores posted record double-digit sales growth in the second quarter. China is the world’s second largest luxury market and accounts for 10 per cent of the US company’s global store network. And despite the Chinese…
Tiffany & Co has appointed Philippe Galtié to the position of senior VP – international. Galtie, who is currently with super luxury brand Cartier, will direct all of the sales channels for Greater China, Asia-Pacific, Japan and EMEA. He takes up the new post…
