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Tiffany Beats the Street

Friday, 28 Aug 2009 | 10:19 AM ET

Tiffany beat the Street, despite posting a 30 percent drop in profit on lower sales, reports CNBC's Julia Boorstin. Scott Krugman, of the National Retail Federation, and David Schick, of Stifel Nicolaus, share their insight on the luxury retail market.