High-end jewellery retailer Tiffany announced promising results for its end-of-year sales, the company announced in December. The jeweller, which distributes high-end jewellery including platinum items in its boutiques throughout the world, raised its sales forecast for the whole of 2007 as it anticipated strong demand during the festive season. While consumer spending is anticipated to slow in the US this year due to the impact of the credit crunch, Tiffany appears confident that demand for its luxury goods will remains high.
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