Tiffany has holiday sales gain helped by China, online
NEW YORK — Tiffany & Co. on Tuesday reported a 2% gain in preliminary holiday sales, helped by strong sales in China and online.
The New York-based jewelry company said its net sales for the Asia-Pacific region rose 20% for the Nov. 1 through Dec. 31 compared with the same time in 2019. That included a more than 50% surge in business in China. Sales in the Americas fell 5%, while business in Europe dropped 8%, while rising 8% in Japan.
Online sales surged more than 80% for the period.
