Tiffany & Company, often referred to as Tiffany’s, is a luxury chain of stores specializing in jewelry, rings, wedding items, crystal, watches, and stationery for invitations. It was founded in 1837 in Brooklyn, Connecticut, by Charles Lewis Tiffany and John Young. Tiffany’s is renowned for its luxury items, in particular, diamond jewelry.
Tiffany’s employs more than 10,000 people and had annual revenue in 2014 of $2.3 billion. As of 2013, the company has 121 locations throughout the U.S., 72 in Asia, 37 in Europe, 54 in Japan, and 5 in countries labeled as “emerging markets”. The company continues to expand, with plans to open a new location in Columbia in 2016.
Tiffany’s manufactures approximately 60% of the items sold, with the remaining coming from third party sources, some of these from overseas. The company produces a corporate catalog each year, as well as a smaller version, featuring more moderately priced items, for consumers. Tiffany and Company is publicly traded on the New York Stock Exchange under the ticker symbol: TIF