Luxury Slowdown Aside, a Longer-Term Threat Lurks for Tiffany

A global luxury slowdown isn't the only thing eating away at Tiffany's revenues — and it's this less-talked-about threat that could have longer-lasting effects on the brand's revenues. As the luxury jewelry maker on Wednesday reported another quarterly sales dip, analysts questioned whether its struggles in the U.S. were not only the result of fewer international tourists, but also a lack of interest from millennial shoppers.