Tiffany & Co

Lalique Brooch for Tiffany & Co
Brooch of platinum and gold set with diamonds, designed by René Lalique for Tiffany & Co., made in Paris, about 1895. Image courtesy of Victoria and Albert Museum, Cromwell Road, London, SW7 2RL

Tiffany & Company (known colloquially as Tiffany or Tiffany’s) is an American luxury jewelry and specialty retailer, headquartered in New York City.

Tiffany’s was founded by Charles Lewis Tiffany and John B. Young in Brooklyn, Connecticut in 1837 as a “stationery and fancy goods emporium”, the store initially sold a wide variety of stationery items, and operated as “Tiffany, Young and Ellis” in Lower Manhattan. The name was shortened to Tiffany & Company in 1853 when Charles Tiffany took control and established the firm’s emphasis on jewelry. Tiffany & Company has since opened stores in major cities all over the world. 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 accept payments on credit. Such practices, fixed prices for ready money, were first introduced by Palmer’s of London Bridge in 1750, who employed the young Robert Owen, the later social reformer.

 

 

Tiffany & Co Makers Mark c1900 to 1940
Tiffany & Co Makers Mark c1900 to 1940 Since 1940, Tiffany’s flagship store has operated at the corner of Fifth Avenue and 57th Street in Manhattan, New York City, U.S. 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.

 

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