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Tiffany & Co is rising more than 14% in pre-market trading after reporting first-quarter results that topped analysts' expectations. The jewelry company saw comp sales of 7%, surpassing analysts' estimate of 2.6%. The retailer also approved a $1 share buyback program.
Meet the Clear Cut, a couple who’s selling thousands of dollars worth of diamonds through their Instagram DMs
The Clear Cut is selling tailor-made engagement rings online. "A lot of the country is in a diamond desert," says The Clear Cut co-founder Olivia Landau.
Tiffany is selling everyday objects for eye-popping amounts of money — here are the craziest ones you can buy
Tiffany is selling silver balls of yarn and porcelain eggs for thousands of dollars.
Tiffany's decline continues as wealthy shoppers seek out bargains instead. Sales have declined for six of the past seven quarters.
Costco's strategy of selling designer brands is in danger.
A federal judge ruled that Costco owed the jewelry company Tiffany & Co. $19.4 million after misleading customers by marketing its rings as "Tiffany" rings.
One of President Trump's favorite jewelry companies is calling him out on social media.
Wealthy shoppers have become bargain hunters.
The heavy security at Trump Tower to protect the president-elect is crushing its neighbors.
Tiffany is facing an industry wide problem: shoppers are increasingly frugal and unlikely to pay for discretionary items.