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Sales at Tiffanys famed flagship on Manhattans Fifth Avenue, which accounts for about 8 percent of revenue, were down 1 percent in November and December. At Signet, holiday sales at its U. The prognosis came as another survey said British house prices were continuing to fall, while retail industry group the British Retail Consortium said December retail sales rose a stronger-than-expected 2. stores open at least a year rose 9. A quarter or two of negative growth is certainly possible but at this stage surveys do not really signal a major renewed recession. п»їRetailers cautious after cut-price ChristmasLONDON - The economy risks contraction in the first half of 2012 and better-than-expected retail sales over Christmas are unlikely to offer much respite, as shoppers were only lured by margin-eroding discounts, business leaders warned on Tuesday. And the pressure great. It has also been a market darling, with the shares rising 39 percent last year despite a second-half slump. Selfridges appoints new buying directors for childrenswear and womenswearAt Selfridges, Sebastian Manes, who has since last year been the buying director in charge of womenswear, accessories and clothing for children, recently saw the arrival of two new right-hand men.