Continuous trade rate basis, sales declined one% and comps declined three%. Japan represents just over fifty percent of that region and total revenue in bucks rose 1% but declined eight% in Yen. Nearby currency comps in Japan cheap dr dre beats declined seven% which was below our expectation and in contrast with a 1% decrease in last yr third quarter.Comps in Japan started the quarter with a modest improve but then tued down in September and October. Last yr comps varied in a fairly slim variety during the quarter. In addition, revenue overall performance within and outside Tokyo was not meaningfully various in the quarter.We have added four new boutiques in 2008 in the Daimaru Department store in Fukuoka, in the Hankyu shop in Umeda, in the Matsuzakaya shop in Tokyo and the Intetsu Shop in Hamamatsu. Our flagship store on Nigenza in Tokyo, which was shut for the final phases of renovation in late September and Oct re opened on November one to great media fanfare.In the Asia Pacific area outside Japan complete revenue in constant currency rose 12% and comp shop sales rose four% which was on top of a huge 29% increase last year. We saw power in most countries besides Hong Kong exactly where we think a spending decline is at minimum somewhat tied to their hefty publicity to the financial solutions industry. On the other tiffany and co outlet hand, markets this kind of cheap beats by dre as Australia and Korea were strong in the quarter and we are very happy with our business in China where we have 8 stores on the mainland and two stores in Macao. The comp store sales patte for this tiffany & co outlet region softened throughout the quarter due to the revenue softening in Hong Kong.During 2008 we have expanded our presence in China with 3 extra stores in Shenyang, Chengdu and Qingdao. We have broadened our successful business in Australia with a shop in Perth. We have additional two stores in Korea and closed an more mature 1. We relocated a shop in Malaysia. We had been also happy to start our e commerce web site in Australia in September.Now tuing to Europe. Complete sales rose 16% because of to an improve in the quantity of models sold. Total revenue on a continuous exchange price basis rose by an even stronger 24%. On that basis, comp shop revenue increased 8% which was on leading of a 14% increase last year. Comps rose in all 3 months of the quarter. London signifies a little bit much more than fifty percent of European revenue and regardless of the various economic and market pressures it posted double digit sales development that ongoing throughout the quarter. we are also seeing power in e commerce and catalog sales. Retail shop sales also rose in every country on the continent. This has been an unusually energetic year for Tiffany shop expansion in Europe with seven new shops opened such as two in London, one every in Brussels, Madrid, tiffany and co outlet online Dublin, D and Berlin. We are pleased with their preliminary

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