Tiffany to temporarily close several stores, cuts hours at others By Reuters

March 17, 2020 admin Stock News 0


(Reuters) – Luxury jeweler Tiffany & Co (N:) said on Tuesday it would temporarily close several stores, including its Fifth Avenue flagship store in New York, and reduce working hours at other outlets, in an effort to contain the spread of coronavirus.

Earlier in the day, L Brands Inc (N:), Ralph Lauren (N:) and American Eagle Outfitters (N:) announced temporary store closure, joining a spate of retailers, including Nike Inc (N:), which have made similar announcements in recent days.

Tiffany, which is being bought by Louis Vuitton owner LVMH (PA:), will be reporting quarterly earnings report on Friday.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*