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Tiffany & Co. (TIF)

  • Oct. 15, 2012, 8:54 AM
    Bain & Co. warns growth in the luxury market will slow to 5% this year with spending in China the biggest area of concern. Just last year, the sector was cruising along at a double-digit growth pace. The influence of Chinese consumers on the global luxury market continues to be dramatic with the nation now accounting for half of all luxury purchases in Asia and close to a third in Europe. On watch: RL, COH, KORS, GUCG.PK, WRC, TIF, LVMHF.PK.
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  • Oct. 11, 2012, 5:40 AM
    Burberry (BURBY.PK) spikes 8.2% in London after the company confirms falling demand for luxury goods in Asia, particularly China, but reports comparable-sales growth of 1% in Q2. While that's well down from 16% last year, it's above Burberry's previous guidance. Last month, a profit warning sent its shares tumbling over 20% and hit its U.S. peers. On watch today are COH, RL, WRC, KORS and TIF. (PR)
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  • Oct. 4, 2012, 3:31 PM
    Chinese spending in Hong Kong during this year's (currently ongoing) Golden Week holiday is expected to fall at least 10% Y/Y, according to the Travel Industry Council. "The macroeconomic situation is dreadful," an analyst. "The number of big-ticket transactions has shrunk."
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  • Oct. 4, 2012, 7:57 AM
    The vibe flowing out of September sales reports from retailers is largely positive with big names such as Costo and Limited Brands showing brisk sales, while teen seller Zumiez (ZUMZ) knocked it out of the park with 18.6% growth. Although back-to-school season numbers look to be beating expectations, the best gift for retail investors may be when Q3 reports roll in with companies showing improved margins as clearance sales were avoided and inventory controls clicked.
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  • Oct. 2, 2012, 6:45 AM
    The National Retail Federation expects holiday sales to rise 4.1% to $586.1B this year. Though the mark would rep the slowest pace of growth since 2009, the forecast is still higher than the average growth of 3.5% realized over the last ten years for the November to December period. Online retail is still a bright spot, with holiday sales expected to rise 12% this year to $96B.
  • Oct. 1, 2012, 1:46 PM
    Citigroup analyst Deborah Weinswig advises retailers to keep a sharp focus on online initiatives despite the staggering growth numbers bandied about for mobile and social networking sales. Estimates from Forrester Research indicate online retail sales will surge to $327B by 2016 - a mark that is estimated to be 10X greater than what smartphone sales will generate. A roadmap for retailers: Adopt a clever omnichannel strategy that produces synergistic benefits to complement online and brick-and-mortar businesses instead of poaching sales with hyper-aggressive mobile promotions.
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  • Sep. 27, 2012, 12:44 PM
    Young shoppers are the force behind the rapid growth of showrooming with their grasp on how to use mobile devices to find the best deals, according to research by AlixPartners. Naturally, Amazon (AMZN +2.2%) appears to be a beneficiary of the trend, but brick-and-mortar retailers could have a secret weapon. A retail brief published by Aimia suggests that the very same savvy young shoppers who make showrooming a force of habit are also the most loyal reward program participants. The end game: A loyalty program with soft benefits could steal Amazon's thunder.
  • Sep. 25, 2012, 1:14 PM
    Toys R Us Chairman Jerry Storch makes the case on Squawk Box that brick-and-mortar stores won't go away anytime soon, but will morph into mini-distribution centers. The line of thought follows a recent trend by retail players of using existing stores as fulfillment centers and showcasing more extensive pick up options to online buyers. The end game: Retail stores see a competitive advantage over Amazon if they can deliver products faster as they still dream about ultimately offering the holy grail of online shopping - same-day delivery.
  • Sep. 24, 2012, 9:58 AM
    Luxury stocks starts to get a second look after recent earnings reports from Prada and Michael Kors (KORS -1.9%) show that the doom and gloom following a warning from British firm Burberry might not be fully warranted across the sector. Analysts say there could be light at the end of the tunnel for select names as "newness" and "iconic designs" define the winners. On watch: RL, COH, MAGOF.PK, TIF, WRC.
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  • Sep. 13, 2012, 5:55 PM
    Cash-strapped consumers may be wary of buying certain items, but Citi's Oliver Chen says they’ll pay up for accessories - driving growth at Buy-rated SIG, TIF and KORS - and want brand names that make them feel like they’re “part of a lifestyle" - think AEO and LTD. But Chen is reserved about apparel, noting “persistently negative" mall traffic in avoiding ANF.
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  • Sep. 13, 2012, 8:38 AM
    Citi on retail: While the firm sours on the notion that Goldman Sachs can help wring some value out of Abercrombie & Fitch, eight other retailers are initiated as Buys on the prospects of a strong back-to-school and holiday season. Making the grade: SIG, TIF, LTD, KORS, AEO, ROST, TJX, ASNA. Missing the action: URBN, GPS, and COH rated at Neutral.
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  • Sep. 11, 2012, 1:28 PM
    Europe-based analysts see the selloff in Burberry (BURBY.PK -19.0%) as a bit overdone in relation to the actual profit warning issued by the luxury-goods maker. To back their case, they note that a number of other European high-end sellers have been positive in the last weeks including LVMH (MAGOF.PK 0.0%) which backed its H2 forecast. If they're on to something, luxury names on this side of the pond may have sold off a bit harshly off of Burberry-centric news: COH -1.9%, RL -2.9%, WRC -0.7%, KORS -1.9%, TIF -1.3%.
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  • Sep. 11, 2012, 8:49 AM
    The double whammy of a downgrade on Coach and a biting profit warning from British luxury player Burberry (BURBY.PK)  is cutting a wide swath of selling in the sector. Though some of Burberry's struggles are pegged as "self-afflicted," the company's weakening sales in Europe and China has to be considered alarming for high-end sellers. Premarket: COH -3.4%, RL -2.7%, WRC -0.7%, KORS -1.2%,, TIF -2.5%.
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  • Sep. 10, 2012, 8:21 AM
    A report on retail sales in China could be a bright spot for luxury sellers, according to retail analyst Rahul Sharma. Big ticket item sales in August from jewelery to furniture showed gains or at least held steady. On watch: TIF, EL, NKE, COH
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  • Aug. 31, 2012, 7:41 AM
    Hermes lifts its 2012 sales target after seeing strong demand from wealthy shoppers in Asia run through July and August. The positive outlook from the French maker of designer clothes and leather accessories comes on the heels of double-digit revenue growth in H1, despite ongoing sluggishness in Europe. On watch: MAGOF.PK, TIF, COH, GUCG.PK
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  • Aug. 30, 2012, 1:55 PM
    Today's round of strong sale reports from major retailers may give firms the confidence to hold back on more promotional activity heading into the holiday season, according to AlixPartners. One promising trend is that shoppers stepped out to buy bolder, more fashion-oriented lines - instead of just replenishing the basics. With the retail table now set for a strong Q3 as the back-to-school season roars to a powerful start, optimism starts to creep up that consumers might even keep the good vibes going right through the crucial holiday period.
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Company Description
Tiffany & Co through its subsidiary, operates as a jeweler and specialty retailer. It also sells timepieces, sterling silver goods, china, crystal, stationery, fragrances, personal accessories and leather goods.
Sector: Services
Industry: Jewelry Stores
Country: United States