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Tiffany & Company is a luxury goods company

(American luxury goods company)

Founded: in New York City in 1837 by Charles Lewis Tiffany and John Young as a stationeryand “fancy goods” emporium.

Company History: Began jewelry sales, 1840s; added the manufacture of silver, 1850s; purchased the Tiffany Diamond, one of the world’s largest yellow diamonds, 1878;

introduced a six-prong diamond engagement ring, exhibiting what became known as the “Tiffany” setting, 1886; company moved to its present Fifth Avenue location, 1940; Tiffany family sells to the Hoving Corporation, 1955; company sold to cosmetics giant Avon Products, 1979; management repurchased the company in a leveraged buyout, 1984; Tiffany & Company becomes a publicly traded company, 1987; wholesale distribution of products to independent retailers discontinued, 1999; purchased stake in Canadian diamond miner Aber Resources, 1999.

Company Address: 727 Fifth Avenue, New York, NY 10022, USA.

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