Shares of Tiffany & Co. rose 4 percent to $79.22 Tuesday as the New York-based retailer topped Wall Street’s first-quarter earnings and sales projections.
Although robust global sales, which were anchored by strength in its Asia-Pacific region, propped up the luxe jeweler’s financials, the company maintained a cautious stance, citing economic instability in the Americas and a weaker Japanese yen.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)