Kate Winslet wearing a Tiffany yellow diamond necklace to this year’s Oscars.
LUXURY jeweller Tiffany & Co has reported an almost five-fold increase in profits over the festive period against the same quarter last year. The company enjoyed a post-tax profit of £93 million in the three months to January 31 against £20.6 million the previous year. The company's chairman, Michael Kowalski told The Telegraph in light of the figures that he believes "the demise of luxury and full-priced spending [has been] exaggerated".
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