Combined Internet Jewellery on Sale catalog sales in the Americas increased 8% in both the quarter and full year. In Asia-Pacific, sales increased 25% to $188.3 million in the fourth quarter and 29% in the full year to $549.2 million (18% of worldwide sales). On TNatural Rose Ring constant-exchange-rate basis, sales rose 21% in the fourth quarter, due to strong growth in most countries, and rose 23% in the full year; on that basis, comparable store sales rose 16% and 14%. In Japan, sales increased 11% to $182.6 million in the fourth quarter and rose 7% in the full year to $546.5 million (18% of worldwide sales). On a constant-exchange-rate basis, sales increased Toggle bracelet in the quarter and declined 1% in the full year; on that basis, comparable retail store sales rose 1% and declined 4%. In Europe, sales increased 14% to $137.9 million in the fourth quarter and rose 18% in the full year to $360.8 million (12% of worldwide sales). On a constant-exchange-rate basis, sales rose 21% in the quarter, Two Heart Triple Set to strong growth in the U.K. and most of continental Europe, and increased 23% in the full year; on that basis, comparable store sales rose 16% and 18%. The Company opened nine TIFFANY & CO. stores in the fourth quarter, and opened 15 in the full year including five stores in the Americas (Baltimore, Houston, Jacksonville, Los Angeles and Santa Monica), two in Europe (Barcelona and London), seven stores in Asia-Pacific (four in China: Beijing, Shanghai (2) and Kunming; and one each in Seoul, Singapore and Taipei) and one in Japan. The Company Two Hearts pendant closed two locations in Japan. The Company operated 233 stores at January 31, 2011 (96 in the Americas, 56 in Japan, 52 in Asia-Pacific and 29 in Europe), versus 220 a year ago (91 in the Americas, 57 in Japan, 45 in Asia-Pacific and 27 in Europe).
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