T IFFANY & C O. Troy Smith Katelyn Healy. Interesting Facts Founded in 1837 by Charles Tiffany and John Young as Tiffany & Young in New York City First.

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Presentation transcript:

T IFFANY & C O. Troy Smith Katelyn Healy

Interesting Facts Founded in 1837 by Charles Tiffany and John Young as Tiffany & Young in New York City First day’s sales totaled $4.98 The first Tiffany’s catalog was published in 1845 In 1853 Charles Tiffany took control of the company and renamed it Tiffany & Co. In 1885 Tiffany & Co. revised the U.S. Great Seal which can now be seen on the one- dollar bill The Super Bowl trophy was designed by Tiffany’s in 1967

Mission Tiffany’s is dedicated to supporting organizations who are environmentally responsible, specifically in the areas of mining, coral reef conservation and land protection The company also has a tradition of promoting America's premier cultural institutions and supporting the decorative arts. Dedicated to timeless design and style, not caught up in fashion trends

Target Market Middle-High income, upper class, status-oriented Discerning customers who appreciate the finer things in life and the emotional pleasure of owning the best there is. Advertising directed toward women, knowing that mostly men will be making the purchases Rings start at relatively affordable level ($1,000) and go up to over a million dollars

Markets 39% of 2004 sales were outside the united states Stores in: Brazil, Europe, Australia and Asia Stores are located in larger cities while the catalog and internet cater to non-urban customers

Financial Highlights

Competitors No major direct competition in Portland Intratype: –Jewelry specialty stores ( Ben Bridge, Kay, Shane Co.) Intertype: –Sak’s 5 th Avenue –Nieman Marcus –Nordstrom

Sources Anonymous Tiffany’s Sales Representative