a magnificent perfume bottle- .925 silver - Tiffany & co- North America - Early 20th century

A magnificent perfume bottle Hand crafted in New York ( USA) - circa 1920 - by Tiffany & co The bottle is all hand hammered - engraving ( probably name of owners) Signed on bottom Tiffany & Co. "Tiffany's" redirects here. For other uses, see Tiffany (disambiguation) . Tiffany & Co. (known colloquially as Tiffany or Tiffany's) [2] is an American luxury jewelry and specialty retailer headquartered in New York City. [3] It sells jewelry, sterling silver, china, crystal, stationery, fragrances, water bottles, watches, personal accessories, and leather goods. [4] The company was founded in 1837 by the jeweler Charles Lewis Tiffany and became famous in the early 20th century under the artistic direction of his son Louis Comfort Tiffany. Tiffany & Co. Tiffany & Co. wordmark 2003. svg Formerly Tiffany, Young and Ellis (1837–1853) Type Public Traded as\t. NYSE: TIF S&P 500 Component ISIN\t. US8865471085 Edit this on Wikidata Industry\t. Retail Founded\t. September 18, 1837; 182 years ago Founders\t. Charles Lewis Tiffany John B. Young Headquarters\t727 Fifth Avenue, New York City New York, U. S. 10022 Area served Worldwide Key people Roger Farah (Chairman) Alessandro Bogliolo (CEO) Mark Erceg (CFO) Products\tjewellery Edit this on Wikidata Revenue\t. Decrease US$4. 00 billion (FY Jan. 31, 2017) Operating income Decrease $721. 2 million (FY Jan. 31, 2017) Net income Decrease $446. 1 million (FY Jan. 31, 2017) Total assets\t. Decrease $5. 10 billion (FY Jan. 31, 2017) Total equity\t. Increase $3. 03 billion (FY Jan. 31, 2017) Owner\t. Investcorp, JANA Partners, LVMH Edit this on Wikidata Number of employees 14,200[1] (2019) Website\twww. tiffany. com Footnotes / references [2] Tiffany is known for its luxury goods, particularly its diamond and sterling silver jewelry. [5] [6] [7] [8] It markets itself as an arbiter of taste and style. [9] These goods are sold at Tiffany stores, and through direct-mail and corporate merchandising. The company operates retail outlets in the Americas, Asia-Pacific, Japan, Europe and the United Arab Emirates. In 2018, Tiffany had 93 stores in the US and 321 stores worldwide; net sales totaled US $4. 44 billion. [10] [11] History Establishment Tiffany & Company, Union Square, storage area with porcelain, c. 1887 Founded in 1837 by Charles Lewis Tiffany and John B. Young[12] in Brooklyn, Connecticut, as a "stationery and fancy goods emporium", the store initially sold a wide variety of stationery items, and operated as "Tiffany, Young and Ellis" as of 1838 at 259 Broadway in Lower Manhattan. [13] The name was shortened to Tiffany & Company in 1853, when Charles Tiffany took control and established the firm's emphasis on jewelry. [14] The company has since opened stores in major cities worldwide. Unlike other stores at the time in the 1830s, Tiffany clearly marked the prices on its goods to forestall any haggling over prices. In addition, against the social norm at the time, Tiffany only accepted cash payments, and did not allow purchases on credit. [15] Such practices (fixed prices for ready money) were first introduced in 1750 by Palmer's of London Bridge. [16] "Blue Book" and the Civil War The first Tiffany mail order catalog, known as the "Blue Book," was published in 1845 in the United States (U. S.) ,[17] and publishing of the catalog continues in the 21st century. In 1862, Tiffany supplied the Union Army with swords (Model 1840 Cavalry Saber) , flags and surgical implements. In 1867, Tiffany was the first U. S. firm to win an award for excellence in silverware at the Exposition Universelle in Paris. In 1868, Tiffany was incorporated. [9] "Gilded Age" In 1870, the company built a new store building at 15 Union Square West, Manhattan, designed by John Kellum and cost $500,000. It was described by The New York Times as a "palace of jewels". [18] Tiffany stayed at this site until 1906. [18] In 1877, an insignia that would become the New York Yankees "NY" logo was struck on a police medal of honor by Tiffany; the Yankees adopted the logo in 1909. In 1878, Tiffany won the gold medal for jewelry and a grand prize for silverware at the Paris Exposition. In 1887, Tiffany bought the French Crown Jewels, which attracted publicity and further solidified the Tiffany brand's association with high-quality diamonds. [19] The company revised the Great Seal of the United States in 1885. In 1902, after the death of Charles Lewis Tiffany, his son, Louis Comfort Tiffany, became the company's first official design director. [17] In 1906, the Manhattan flagship store was relocated to a new location, at the corner of 37th Street and Fifth Avenue, where it would remain for 34 years. [20] 1900–1999 "Tiffany Cross" version of the Medal of Honor In 1919, the company made a revision to the Medal of Honor on behalf of the United States Department of the Navy. [21] This "Tiffany Cross" version was rare because it was awarded only for combat, using the previous design for non-combat awards. [22] In 1942, the Navy established the Tiffany version for non-combat heroism as well but, in August 1942, the Navy subsequently eliminated the Tiffany Cross and the two-medal system. [23] In 1956, legendary designer Jean Schlumberger joined Tiffany, and Andy Warhol collaborated with the company to create Tiffany holiday cards (circa 1956–1962) . [17] [24] In 1968, Lady Bird Johnson, First Lady of the U. S. at the time, commissioned Tiffany to design a White House china-service that featured 90 flowers. [25] [26] In November 1978, Tiffany & Co. was sold to Avon Products Inc. for about US$104 million in stock. However, in a 1984 Newsweek article, the Fifth Avenue Tiffany store was likened to the Macy's department store during a white sale, due to the high number of inexpensive items on sale; [15] furthermore, customers complained about declining quality and service. In August 1984, Avon sold Tiffany to an investor group led by William R. Chaney for $135. 5 million in cash. Tiffany went public again in 1987 and raised about $103. 5 million from the sale of 4. 5 million shares of common stock. [15] Due to the 1990–1991 recession in the United States, Tiffany commenced an emphasis upon mass merchandising. A new campaign was launched that stressed how Tiffany could be affordable for all; for example, the company advertised that the price of diamond engagement rings started at $850. “How to Buy a Diamond” brochures were sent to 40,000 people, who called a toll-free number specifically set up to target the broader population. [15] However, to maintain its image as a luxury goods company, high-style images remained on display in Tiffany stores. [15] 2000–present Tiffany & Co. iconic blue gift boxes The Tiffany & Co. Foundation was established in 2000 to provide grants to nonprofit organizations working in the areas of the environment and the arts. [27] In June 2004, Tiffany sued e. Bay, claiming that the latter was making profits from the sale of counterfeit Tiffany products; [28] however, Tiffany lost both at trial and on appeal. [29] In 2009, a collaboration between the Japanese mobile-phone operator Soft. Bank and Tiffany & Co. was announced. The two companies designed a cellphone, limited to ten copies, and containing more than 400 diamonds, totaling more than 20 carats (4. 0 g) . Each cellphone cost more than 100 million yen (£781,824) . [30] A media report in early July 2013 revealed that former Tiffany & Co. vice president Ingrid Lederhaas-Okun had been arrested and charged with stealing more than $1. 3 million of diamond bracelets, drop earrings, and other jewelry. According to prosecutors from Manhattan, the official charges filed against Lederhaas-Okun accused her of "wire fraud and interstate transportation of stolen property. "[31] In February 2017, the company announced that CEO Frédéric Cuménal was out of a job, effective immediately, after only 22 months, blaming weak sales results. He was replaced on an interim basis by the company's longtime former CEO, Michael Kowalski. [32] Shortly before his abrupt departure, Cuménal had appointed former Coach designer Reed Krakoff as the company's new chief artistic officer. Although Krakoff had had no previous experience with jewellery design, his previous success with Coach and "deep understanding of iconic American design" led to his appointment, with the hopes that Krakoff would be able to refresh the image of the brand. [33] [34] In July 2017, it was announced that Bulgari veteran Alessandro Bogliolo would be taking over as CEO. Under his leadership, it was hoped that Tiffany & Co. could turn around slumping sales and capture a younger audience. [35] In October 2019, the company removed an online advertisement after it was accused of portraying support for the 2019 Hong Kong protests and potentially jeopardizing its business in China. [36] In November 2019, LVMH announced its purchase of Tiffany & Co for $16. 2 billion, $135 per share. [37] The deal was expected to close by June 2020. [38] Stores Learn more This section needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Tiffany & Co. " – news · newspapers · books · scholar · JSTOR (July 2013) (Learn how and when to remove this template message) Tiffany's flagship store (2019) Tiffany's flagship store, interior Tiffany & Co. at Phipps Plaza in Atlanta, Georgia Since 1940, Tiffany's flagship store has operated at the corner of Fifth Avenue and 57th Street in Manhattan, New York City. The polished granite exterior is well known for its window displays, and the store has been the location for a number of films, including Breakfast at Tiffany's, starring Audrey Hepburn, and Sweet Home Alabama, starring Reese Witherspoon. The former Tiffany and Company Building on 37th Street is on the U. S. National Register of Historic Places. [39] When it opened in 1990, the Tiffany & Co. store at Fairfax Square in...