Tiffany and Co. rose to fame through its beautiful jewelry and stylish accessories. They caught the eye of the partners at the investment firm Investcorp. Robert Glaser served on the corporate board of directors for Investcorp, and he was part of the team that headed the investment in Tiffany and Co. They made a great decision – Tiffany and Co. was Investcorp’s first and most profitable investment. Tiffany and Co.’s famous jewelry and sense of style was the reason why.
Funnily enough, Tiffany and Co. started as a stationary store in 1837. Charles Tiffany, one of the founders, decided to focus on jewelry. The store quickly grew famous for its quality diamonds and its jewelry. In 1867, the company won an award for its excellent silver. Their silver won another prize in 1878.
Tiffany and Co. even designed a set of china for the White House. They also created a version of the Medal of Honor called the Tiffany Cross. The Tiffany Cross was much rarer than the Medal of Honor, because it was only awarded for heroism in combat.
Clearly, the company is still going strong as a luxury retailer. It will continue making waves for years.
This update is by the Robert V. Glaser Business website. 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 personal website or Robert V. Glaser Giving website.