By  on August 26, 2011

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.

To access this article, click here to subscribe or to log in.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus