Tiffany, Zale confident on holidays; shares jump (Reuters)

August 28, 2008 | By In Business News |

Tiffany and Co. salesman Peter Englehart displays a 72.86 karat emerald-cut Aquamarine broach selling for $100,000 as he stands behind a glass wall during the grand opening of the newest Tiffany and Co. store on Wall Street in New York City October 10, 2007. (Mike Segar/Reuters)Reuters - U.S. jewelers are confident they will
prevail this holiday shopping season, betting that upscale and
middle-income customers won’t resist buying baubles despite a
weak economy.

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