Tiffany Is A Bit "Miserable" In The Fourth Quarter Of The Same Store Sales And Profits.

Us jewellery retailer Tiffany (Tiffany & Co.) Announces Fourth Quarter

Both profits and profits dropped last year.

The company's turnover fell by 5.6% to $1 billion 210 million, which is the fifth consecutive quarterly decline.

According to Consensus Metrix, store in the United States for at least one year.

10% down compared to the same period, which is even more than the 9.4% expected by analysts.

In the fourth quarter, the company's profit was $163 million 200 thousand, lower than the profit of $196 million 200 thousand during the same period last year.

Vice president, corporate investor relations

In the conference, Tiffany's sales in the Greater China region have also begun to slow down, mainly because fewer and fewer Chinese tourists visit Hongkong, and Hongkong is one of the most important markets in the region.

Last year, Tiffany&Co. closed 11 stores, including 8 shops in the Asia Pacific region.

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Thanks to the positive growth trend of various sales channels and other regions, FURLA has made brilliant achievements in its 2015 earnings report.

This achievement is the highest point since FURLA was founded nearly 90th anniversary in 1927.

FURLA's adjusted interest rate depreciation and amortization profit (EBITDA) also broke through the FURLA's record of 44 million 100 thousand euros.

In 2015, sales rose 30% to 339 million euros, while net profit rose 41%.

FURLA is expected to expand strategically in key global cities such as Melbourne, Shanghai and London in 2016. Therefore, FURLA forecast performance in 2016 will remain consistent and grow in a positive direction.

Over the past five years, FURLA has achieved an amazing double growth, thanks to FURLA's global expansion business, bringing its Italy made products to new customers eager to experience Italian lifestyle.