Tiffany & Co. reported its direct marketing sales rose 6% to $81.4 million in the fourth quarter that ended Jan. 31. Annual direct marketing sales for fiscal year that ended Jan. 31 declined 1% to $195.4 million.
Combined consumer Internet and catalog sales increased 10% in the fourth quarter and 7% for fiscal year due to growth in the average order size, Tiffany reported. Business-to-business sales declined 4% in the fourth quarter and 17% for the fiscal year.