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Tiffany Drops Prices 9% on Average

13 February 2009
Introduction
To go into effect on February 11
American jewelry company Tiffany & Co. has announced an average 9% price decrease on their Japanese product line. The lower prices will go into effect on February 11. This comes after Tiffany dropped prices 6% in November 2008.

The company attributed the pricing adjustment to the strong yen and weak dollar.