The Tiffany Company's operating segments are as follows: the Americas region includes sales transacted in Tiffany & Co. stores in the United States, Canada, Mexico and Brazil, as well as sales of Tiffany & Co. products in certain of those markets through Internet, catalog, business-to-business and wholesale operations; the Asia-Pacific region consists of sales transacted in Tiffany & Co. locations in Australia, China, Hong Kong, Japan, Korea, Macau, Malaysia, Singapore and Taiwan, as well as sales of Tiffany & Co. products in certain of those markets through Internet, catalog, business-to-business and wholesale operations; and Europe consists of sales transacted in Tiffany & Co. stores in Austria, Belgium, France, Germany, Ireland, Italy, Spain, Switzerland and the United Kingdom, as well as sales of Tiffany & Co. products in certain of those markets through Internet, catalog, business-to-business and wholesale operations. Other consists primarily of wholesale sales of diamonds obtained through bulk purchases that are subsequently deemed not suitable for Tiffany's needs, as well as sales of businesses operated under trademarks or trade names other than Tiffany & Co. and earnings received from licensing agreements.
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