Michael Kors (52214 views) Google

Michael Kors
We were at school together test prop tren ace anadrol cycle As we've said repeatedly, we believe that expanding Tiffany's store presence and marketing, especially in China, increases brand awareness and stimulates local sales demand, but also is a catalyst for spending by Chinese customers when they travel to other regions. When we analyze our performance in Japan, we believe it's most relevant, especially now, to examine sales growth in local currency because of the substantial weakening of the yen versus the dollar over the past year. And just as other foreign brands have done, we've increased retail prices in Japan this year to address that weaker yen. When measured in local currency, we're pleased that total sales rose 7% in the quarter and comparable store sales rose 8% on top of the 10% comp increase in last year's second quarter. This exceeded our expectation. The total sales growth in yen was due to an increase in the average price per jewelry unit sold. While the overall unit decline in the quarter reflected declines in moderate-priced fashion jewelry categories, it was partly offset by unit growth in engagement and higher-end jewelry.
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