But it could also have something to do with how luxury retail is doing during the pandemic.
About a year ago, we were doing a lot of stories about a retail apocalypse — online shopping leading to the destruction of department stores, malls, anything built out of bricks and mortar. Fast forward to this year and things couldn’t be more different. In the last few weeks, we’ve seen strong quarterly results from everyone […]
Luxury products have benefited from rising stock market returns in the U.S., but Tiffany faces up-and-coming competitors.