Diamonds might be a girl’s best friend, but in the second quarter they were Tiffany & Co.’s, too, as the luxury jewelry retailer’s profits soared 99.6 percent.
Tiffany’s increasingly global footprint, demonstrated by strong diamond sales in Asia and Europe, helped the company best Wall Street’s estimates and raise its full-year guidance. The results lifted the firm’s stock $4.24, or 10.7 percent, to $43.85 in New York Stock Exchange trading.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"