Tiffany sales jump, traffic returns to normal at Trump Tower

Lady Gaga launched a line of luxury jewelry for Tiffany’s earlier this year.

Tiffany & Co. has a glimmer of hope.

The luxe replica jewelry chain saw net sales bump 3 percent to $959.7 million in the second quarter ended July 31, beating the analysts’ average estimate of $930.3 million. Net income rose to $115 million, or 92 cents per share, in the reported quarter, from $105.7 million, or 84 cents per share, a year earlier.

More good news came from Asia. Tiffany outlet, which gets about 15 percent of its revenue from Japan, saw sales rise 3 percent in Japan for the second quarter.

Here in the U.S., however, growth is somewhat stagnant.

According to Reuters, comparable sales in the Americas fell 1 percent due to lower tourist spending and weak demand. However, the flagship outlet store — despite being located on the ground floor of the heavily guarded Trump Tower — is doing well.

The Fifth Avenue store “returned to a relatively normal flow of customer traffic following the disruption immediately after the 2016 election, and was not a drag on overall sales in the quarter,” according to Tiffany outlet vice president of investor relations Mark Aaron on a Thursday conference call.

Recall how the Fifth Avenue Business Improvement District estimated that local businesses around Trump Tower, like cheap Tiffany & Co., have in aggregate lost $40 million in revenue since Election Day.

The news is a silver lining for Tiffany outlet, which reported an unexpected drop in same-store sales three months ago. Investors were expecting a modest increase but saw a 2 percent drop in same-store sales for the three months ended April 30.

Tiffany’s shares rose more than three percent in early trading Thursday before dipping to $86.81 as of 2:34 EST PM.

Luxury Tiffany & Co unveils first campaign with new chief artistic officer

Tiffany & Co. has unveiled its first campaign with Reed Krakoff who was appointed as the brand’s new chief artistic officer earlier this year.

Fronted by six fashion personalities from diverse disciplines, the AW17 advertising campaign celebrates the power of individuality and self-expression.

“Tiffany has always stood for the ideals of creativity, passion and optimism,” shares cheap Tiffany & Co chief artistic officer, Reed Krakoff. “These portraits epitomize individuality, embracing the natural beauty and unique style of each talent.”

The fall campaign represents Reed Krakoff’s first creative expression for the house.

Tiffany’s creative team led by Krakoff, called upon acclaimed fashion photographers Inez & Vinoodh to capture the distinct portraits as well as behind-the-scenes video, each styled with iconic Tiffany replica jewellery.

The six personalities fronting the campaign are: Elle Fanning; Zoe Kravitz; Janelle Monae; Cameron Russell; David Hallberg; and Annie Clark.

Overall the campaign reflects the personal style and influence of the men and women who have worn Tiffany jewellery outlet throughout the brand’s 180-year history.

These images will appear in print and video, as well as across social media platforms.

Tiffany & Co unveils first campaign with new chief artistic officer, Reed Krakoff.