Michael Kowalski, chairman and chief executive officer of Tiffany & Co., said the cachet of the company’s brand allowed it to raise prices, combating higher gold, platinum and diamond costs and driving the firm to a 33.1 percent rise in second-quarter profits.
The quarterly results, as well as an increased outlook for the year, boosted shares of Tiffany 9.4 percent to $69.01 Friday.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)