By  on March 22, 2013

NEW YORK — Tiffany & Co. hopes it has weathered the storm.

The retailer predicted a lackluster first quarter, coming off a “disappointing” fourth quarter, in which high silver costs and sluggish U.S. demand for entry-priced jewelry kept earnings flat. But the company said Friday that it sees strength in the second half of the year, boosted by rising sales in the Asia-Pacific region, coupled with growing demand for new, more affordable collections.

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