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The brand said Tuesday when releasing its first quarter financial results that it closed 105 silver, white and travel retail doors in the Americas, almost all of them in the United States.   
Sales in the Watches and Jewelry division increased to $763 million, and there was “excellent momentum” in the U.S. market.
Slow growth for watches and curtailed retailer spending were offset by an improved sell-through at retail, leading Movado Group to do better than expected in Q4. 
The new owner of Zale Corp. will open more Zales and Piercing Pagoda stores than it closes, marking the first time in years that the chain’s physical footprint won’t shrink.
A weak U.S. market brought down Tiffany’s fourth quarter same-store sales, though strong performances in the prior quarters boosted comps for the fiscal year. 
Boosted by increased traffic, five major retailers--Kohl’s, Target, Walmart, TJX Companies and Costco--all reported same-store sales increases in the last months of 2014, even as full-year financials were mixed. 
The online marketplace filed a registration statement with the SEC Wednesday relating to a proposed initial public offering of its common stock on NASDAQ under the ticker symbol “ETSY.”
In a fourth quarter that was overall very lackluster for department stores, these two retailers listed jewelry as among their top sellers for the holiday season.
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