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Tiffany Profits Grow Thanks to Cutting Marketing Budget

Retailer Tiffany said its quarterly profits exceeded expectations, a result of it curtailing its digital marketing while it builds a new website to cater to younger consumers. So reports Reuters.

Specifically, the company said it suspended a significant amount of its digital marketing, but plans to spend more in the second half of the year as it focuses on younger shoppers. 

Read the full article from Reuters.

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