Tiffany finds 'acceleration' in demand in China where Apple is stumbling

For Tiffany, Bogliolo said he expects Chinese travelers won't sit out forever

While Chinese shoppers may not be buying much Tiffany jewelry in New York City these days, it appears they’re happy to open their wallets in Beijing. That’s a trick Apple Inc. hasn’t been able to pull off.

Tiffany & Co., whose overall holiday sales fell flat, reported double-digit sales growth in mainland China in the final two months of the year -- a welcome sign for retailers after Apple spooked the market earlier this month by warning Chinese demand was waning.

“The holiday period has actually been very positive -- China is a big area of focus,” Tiffany’s Chief Executive Officer Alessandro