Tiffany’s long-term approach pays off

NEW YORK - Top executives of Tiffany & Co. view the company's two Guam stores as "successful"" and ""a relevant part of our business "" said Mark L. Aaron vice president for investor relations for Tiffany. The description is typically understated; the fact is that during a challenging 2008 sales in the Guam stores ""posted double-digit percentage sales increases"" as the company's net sales shrank 3% worldwide and as Guam tourist arrivals dropped 6.9% from the previous year . . .

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