Tiffany & Co.

Tiffany & Co. is an American luxury jewelry and specialty design house headquartered on Fifth Avenue in Manhattan. Tiffany is known for its luxury goods, particularly its sterling silver and diamond jewelry. These goods are sold at Tiffany stores, online, and through corporate merchandising. Its name and branding are licensed to Coty for fragrances and to Luxottica for eyewear.
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Some of the key events about Tiffany & Co.

  • 1837
    Established as a "stationery and fancy goods emporium" in New York City
  • 1851
    Introduced the 925/1000 sterling silver standard in the United States
  • 1861
    Supplied swords and other military goods to the Confederacy during the American Civil War
  • 1878
    Acquired a 287.42-carat fancy yellow diamond, later known as the Tiffany Diamond
  • 1886
    Introduced the Tiffany Setting, a six-prong ring design that became iconic for engagement rings
  • 1887
    Purchased the French Crown Jewels, raising concerns about cultural heritage preservation
  • 1902
    Appointed as the official maker of Congressional Medals of Honor
  • 1940
    Faced criticism for continuing to operate in Nazi-occupied countries during World War II
  • 1956
    Commissioned to design the Medal of Freedom for President Eisenhower
  • 1968
    Designed the White House china service for President Johnson
  • 1978
    Opened its first international store in London, marking the beginning of global expansion
  • 1978
    Pleaded guilty to selling falsely stamped jewelry in a tax evasion scheme
  • 1991
    Accused of price-fixing in the diamond industry
  • 2000
    Established the Tiffany & Co. Foundation to support environmental and cultural causes
  • 2004
    Sued by Costco for alleged anti-competitive practices
  • 2012
    Launched the Tiffany Diamond Academy to train future generations of diamond cutters and polishers
  • 2012
    Criticized for inadequate disclosure of conflict minerals in their supply chain
  • 2013
    Former executive accused of stealing $1.3 million worth of jewelry from the company
  • 2015
    Faced allegations of gender discrimination in pay and promotion practices
  • 2019
    Accused of misleading Chinese consumers about the origin of some diamonds

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

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