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The Rich History of Tiffany & Co

Commonly known by its informal name of Tiffany’s, Tiffany & Co. is a high-end jewelry and specialty retailer which, in 1837, was founded by John B. Young and Charles Lewis Tiffany. During its early days, the company was called Tiffany, Young, and Ellis and identified itself as a “stationery and fancy goods emporium” where, as you might guess, its products did, in fact, consist of various stationery items. It was in 1853 that the company finally tweaked its name to the now famous Tiffany & Company and concentrated its efforts on jewelry. In the 1830s, Tiffany quickly distinguished itself by being one of the few to show a price on its goods, getting rid of needing to haggle, which was a common practice in the 1800s. It was also notable in that it only accepted cash as a form of payment.

Even numerous decades later, Tiffany’s still publishes its famous “Blue Book” catalog, a tradition that started back in 1845. Strongly tied to New York, the company opened a store at 15 Union Square West in Manhattan in the late 1800s which remained in operation until the early 1900s. In 1902, Charles Lewis Tiffany passed away, leaving behind a legacy a highly respected legacy which among other things, included the introduction of the English standard of sterling silver during the 1850s.

This update is by Robert V. Glaser. Glaser is an industry veteran with decades of experience in banking, private equity, and more. His experience includes his many years working for global manager of alternative investment products Investcorp and he also dedicates his time to various charitable causes including YoungArts Foundation, Chapman Partnership, and more. You can learn more about Robert by visiting the Robert V. Glaser Business or Robert V. Glaser Giving websites.