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TIFFANY CUTS FORECAST AS SALES SLOW
TIFFANY yesterday cut its full-year global net sales growth forecast to a range of seven to eight per cent from a prior outlook of 10 per cent. Earnings were $81.5m or 64 cents per share, up from $81.1m, or 63 cents per share, a year earlier, but five cents below analysts’ expectations. The chain’s weakest London store was the one in the city’s financial district.