The brand has said that their preliminary worldwide sales have increased by 2 per cent, resulting in record net sales for the company.
In a completely unprecedented year, Tiffany has reported that they have successfully implemented their multi-year sales strategies in Mainland China which has seen results grow by as much as 50 per cent from the previous year.
Alessandro Bogliolio, Tiffany’s Chief Executive Officer, commented: “During this period, we saw the Chinese Mainland market continue to drive our overall sales growth with certain other Asia Pacific markets also supporting the increase of approximately 20 per cent for that region.
We were also happy to see that the positive sales momentum from the third quarter continued through the 2020 holiday period for the Americas and Japan, with Japan increasing approximately 8 per cent from prior year.”
