Gold jewellery exports that have dropped by 6 per cent in the first 8 months of FY18 may take a further knock as UAE, one of the major buyers of Indian jewellery, will impose 5 per cent VAT from January 1, making jewellery costlier for shoppers. “Exports to the UAE have already dwindled after the […]

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Tiffany & Co.’s worldwide net sales for the three months (third quarter) ended October 31, 2016, amounted to US$ 949 million, marginally higher y-o-y by 1%; while comparable store sales declined 2%. “On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales were unchanged from the prior […]

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