Tiffany Holiday Sales Advance 4% Amid Demand in Asia, U.S.

Tiffany & Co., the world’s second-largest luxury jewelry retailer, reported a 4 percent increase in holiday sales and reiterated its full-year earnings forecast, driven by demand in the U.S. and Asia.

Global sales in November and December rose to $1.03 billion, the New York-based company said today in a statement. Tiffany recorded a 4 percent gain in the period a year earlier.