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Jewelers Zale, Tiffany Post Losses 
Wall Street Journal | Thu, Aug 31
Thu, Aug 31
Jewelry retailer Zale swung to a fourth-quarter loss of $26.4 million amid heavy inventory write-downs. Tiffany's profit fell nearly 19% as expenses increased.
2 mainstream media weighed in on a similar topic
Last Week,
Bloomberg says
(in Soaring Yen Boosts Hawaii Holidays, Tiffany Jewelry in Japan)
Tiffany & Co., the world's second largest luxury-jewelry retailer, cut prices in Japan by an average of 5 percent from Nov. 20, citing the stronger yen. ...
and more »
42 Months Ago,
WJLA says
(in Tiffany 2Q Profit Slides)
Tiffany & Co. on Thursday said second-quarter profit declined 19 percent from a year-ago quarter that was boosted by a hefty tax gain. The jewelry retailer also forecast third-quarter earnings flat with year-ago results.
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