"Across New York a long-forgotten rustling and snapping can be heard. It's the sound of high-rollers opening their wallets. In the clearest sign yet that the very wealthy are spending again, Tiffany & Co reported third-quarter results yesterday that ripped through analysts' expectations. Profits at the New York-based luxury jeweller rose 27 per cent to $55.1 million (£34.8 million), up from $43.3 million a year earlier, while revenue rose to $681.7 million." (Times, 25 November) RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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