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Tiffany's Q2 profit soars 16%

cctv.com | Updated: 2013-08-29 14:17

 

When Tiffany sparkled in the second quarter as profit beat estimates thanks to Chinese consumers, the world's second largest luxury jewelry retailer saw glittering profits that surged 16 percent to $106.8 million. Strong sales in the Chinese mainland market, price increases and falling costs, offset the weak US sales.

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