IndependentsJun 05, 2026
Pennsylvania Jewelry Store To Close After 79 YearsJim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.
FinancialsDec 27, 2019
Tiffany’s 2019 Holiday Sales Rebound
Sales climbed as much as 3 percent for the jeweler, which noted a “momentum shift” in the Americas.
A jewelry-filled advent calendar was a highlight of Tiffany’s holiday catalog this year. The jeweler’s sales were on the rise this holiday season.
New York—Tiffany & Co. turned in a solid holiday season with sales on the rise, particularly in mainland China and the Americas.
Worldwide sales for the interim holiday period (November and December) climbed 1 to 3 percent. (Tiffany did not respond to a request for the exact dollar amount of its holiday sales.)
The increase in sales was a welcome change from last year’s holiday results when waning demand from Chinese tourists took a toll on the jeweler’s year-end performance.
It’s also an improvement on the retailer’s performance earlier this year.
“We are pleased to present our interim sales results for this important season, which reflect improved global trends compared to previous quarters this year,” CEO Alessandro Bogliolo said in a press release announcing the results.
“We are happy to see sales growth in the Americas, a momentum shift in the region,” he added.
Net sales and comparable sales in the Americas were up 2 to 4 percent.
Tiffany has struggled in recent quarters to grow sales in the Americas, where the most Tiffany stores are located.
In mainland China, Tiffany reported “strong” double-digit sales growth, though it was offset by declines in the Hong Kong market as unrest in the country continues.
In the Asia-Pacific region, net sales were up 7 to 9 percent on a constant-exchange-rate basis while same- store sales were up 9 to 11 percent.
Net sales in Japan fell 12 to 14 percent, which Tiffany attributed to the negative impact of the recent increase in the consumption tax. Same-store sales in the country were down 14 to 16 percent.
In Europe, net sales climbed 3 to 5 percent while same-store sales were up 4 to 6 percent.
The luxury jeweler has been expanding and enhancing its store network, recently completing the expansion of its flagship store in Shanghai, which is now the largest Tiffany store in Asia.
Situated in a street-facing location within the Hong Kong Plaza mall, it also houses the newly opened Tiffany Blue Box Café, the first in mainland China.
Its London flagship store on Old Bond Street also has been renovated.
Tiffany recently opened its third location in Kyoto, Japan, and its fifth store in New York City at Hudson Yards.
The jeweler’s flagship store on Fifth Avenue in New York City was open throughout the holiday period, but will close in mid-January to undergo a renovation. The store will move to a space on E. 57th Street while the renovation is underway.
Bogliolo
Editors' Picks
Sponsored by
said customers have been “enthusiastic” about the new space, which housed a men’s pop-up store and the special catalog gift items during the holiday season.
“Now we are eager for our customers to experience our full product range, including high jewelry, in the new space, while we start working to transform our iconic building into its future form,” he said.
As of Dec. 24, Tiffany had 327 stores, including 125 in the Americas, compared with 321 stores a year ago.
“Now we are eager for our customers to experience our full product range, including high jewelry, in the new space, while we start working to transform our iconic building into its future form,” he said.
As of Dec. 24, Tiffany had 327 stores, including 125 in the Americas, compared with 321 stores a year ago.
More on Financials
The Latest
SurveysJun 05, 2026
Consumers to Cut Back on Spending Amid Rising Prices, Survey Shows When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.
CollectionsJun 05, 2026
Rebel Jewelry’s Charm Symbolizes Perseverance for Pride MonthThe “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.
Brought to you by
All Eyes on Gold Prices. Alternatives to Look For. And What to BEWARE of in VegasAs gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.
SourcingJun 05, 2026
State of Diamonds: The Way Forward for Natural DiamondsThe jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.
Weekly QuizJun 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsJun 04, 2026
Treasures from Maurice Tempelsman’s ‘Marvelous’ Life Head to AuctionUp for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.
CollectionsJun 04, 2026
Buddha Mama to Spend the Summer in AspenThe Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.
Brought to you by
How Modern Training Is Becoming a Competitive Advantage for Jewelry RetailersWith the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.
MajorsJun 04, 2026
AGS Honors Late Peter Yantzer, Holds Time Capsule CeremonyThe organization also announced its international board of directors for the 2026-2027 term.
MajorsJun 04, 2026
Neiman Marcus’ Downtown Dallas Store to Close in SeptemberSaks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.
ColumnistsJun 03, 2026
Peter Smith: When Top Talent Leaves and What It Says About YouSmith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.
GradingJun 03, 2026
GIA’s Tracr Investment Is First Step Toward Industry-Owned PlatformThe Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.
WatchesJun 03, 2026
The 1916 Company Taking Pre-Owned Rolexes on the Road, AgainThe retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.
IndependentsJun 03, 2026
Jessica Alba Is the New Face of Gabriel & Co.The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.
TrendsJun 03, 2026
State of Design: Only the Innovative Will SurviveThe price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.
SourcingJun 02, 2026
Leader Appointed for Botswana’s Diamonds for Development Fund Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.
WatchesJun 02, 2026
Watch Industry Veteran James Marks Joins Sotheby’sSotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.
AuctionsJun 02, 2026
Sotheby’s to Auction 10-Carat Blue Diamond, 1960s Harry Winston Necklace A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.
IndependentsJun 02, 2026
State of Retail: 6 Things Retailers Should Know About Consumers TodayFrom Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.
Events & AwardsJun 01, 2026
Design Atelier Brands Have a Big Night at Emotional Couture Design AwardsThe show started by honoring Mildred Marcano, ended with a tearful Beth Anne Bonanno, and recognized a dozen-plus designers in between.
SourcingJun 01, 2026
RapNet Rebranding as Rapaport TradeThe revamped online diamond marketplace will feature pricing intelligence and data-driven tools for more efficient buying and selling.
SourcingJun 01, 2026
Gemfields’ Higher-Quality Emerald Auction Achieves $26.8MThe miner said demand for higher-quality emeralds is stable, but there is notable caution in the market.
CollectionsMay 29, 2026
Cultus Artem’s Necklace Is the Oasis in Las Vegas’ DesertThe “River of Heaven” necklace, our Piece of the Week debuting at Couture, combines 26 salt and pepper diamonds spaced by Tahitian pearls.
IndependentsMay 29, 2026
Meet the 2026 Retailer Hall of Fame InducteesThis year’s inductees include second-, third-, and fourth-generation jewelers.
Events & AwardsMay 28, 2026
JCK Announces Jesse Itzler as 2026 Keynote SpeakerThe author, speaker, and entrepreneur will give his presentation, “Spiritual Billionaire,” on Saturday morning.
Events & AwardsMay 28, 2026
JCK Rocks To Ride With NellyThree-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach on Sunday night.
MajorsMay 28, 2026
Signet Jewelers to Buy The Clear Cut Signet will integrate the online-only, natural diamond-focused jeweler into Blue Nile, which it wants to position as a higher-end retailer.
