Introduction
Tiffany & Co. is a leading US luxury jewelry company. For more than 150 years, Tiffany & Co. have been designing exquisite jewelry that highlights the incomparable beauty of diamonds. The designations TIFFANY ® and TIFFANY & CO. ® are the principal trademarks of Tiffany, as well as serving as trade names. Through its subsidiaries, the Company has obtained and is the proprietor of trademark registrations for TIFFANY ® and TIFFANY & CO. ®, as well as the TIFFANY BLUE BOX® and the color TIFFANY BLUE® for a variety of product categories in the United States and in other countries.
History
Tiffany & Company is a jewelry company founded by Charles Lewis Tiffany and John B. Young in New York City in 1837 named “Tiffany & Young”. Tiffany Jewelry is considered one of the finest jewelry companies in the world. Tiffany & Co. has opened stores in major cities all over the world. Tiffany’s had a revolutionary policy that each item's price was NON-negotiable. In 1853, Charles Lewis Tiffany assumed control of the entire company and has since expanded to selling high-end household items as well. He also renamed the company as “Tiffany & Co.”. Tiffany’s headquarters on New York's Fifth Avenue at 57th Street is a popular tourist attraction; largely as a result of the 1961 movie Breakfast at Tiffany's which starred Audrey Hepburn (wearing a fabulous diamond brooch).
Products
Since 1837, Tiffany & Co.’s products have come to include everything from diamond solitaire engagement rings to sterling silver key chains. A complete list of products follows:
Fine jewelry—diamonds, pearls, colored stones, platinum, gold, and silver
Engagement/bridal jewelry
Timepieces
Sterling silver goods (other than jewelry)
China
Crystal
Stationery
Fragrances
Personal Accessories (key chains, money clips, etc) Tiffany offers an extensive selection of Tiffany & Co. brand jewelry at a wide range of prices. In Fiscal 2007, 2006 and 2005
References: 1. Managerial Economics, William F. Samuelson and Stephen G. Marks, 5th edition. New York: Wiley & Sons, 2006.