Luxury brand Tiffany & Co is to open its second Sydney store to further tap into the growing region with sales increasing by 17 per cent in Asia Pacific in the quarter ending April 30th.

The 231 sq m boutique, which opens in November, will be located at the Westfield Bondi Junction mall, the Australian reports.

It will become the sixth such store in Australia for the accessories brand.

Overall for the first quarter, Tiffany's worldwide net sales increased eight per cent to $819 million (£530.3 million).