Business Case Study: Tiffany & Co.

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TIFFANY & CO. Part I: History and Growth i. How the brand was conceived The Tiffany Story In 1837, Charles Lewis Tiffany and John F. Young founded Tiffany & Young in Broadway, New York, selling stationery and varieties of costume jewelry (Tiffany and Co., 2014). Tiffany and Young took on another partner, J. L. Ellis in 1841, and the store became Tiffany, Young & Ellis, with a reputation in selling upmarket goods, bohemian glass and porcelain. It also began manufacturing its own jewelry. Within the next five years, the store began to receive widespread popularity in the city that it expanded into selling real jewelry, a more complete line of stationery and silverware. In addition to these, Tiffany’s carried clocks, watches, ornaments, bronzes, perfumes, moccasins, belts, and other sundries. The brand published its first mail order catalogue in 1945 – The Tiffany Blue Book, which featured its rarest and most spectacular jewels, and was the first retail catalogue to be distributed in the U.S. However, in the 1850s, Charles bought over his partners’ shares and renamed the store to Tiffany & Co, opening branches in London and Paris. Tiffany’s was also the first American company to employ the British silver standard (92% pure), and this was subsequently adopted by the U.S Government (The Editors of The Encyclopædia Britannica, 2013). Part II: Brand Meaning i. Describe the Brand Elements Brand name: Tiffany and Company (known colloquially as Tiffany or Tiffany's) Logo: A serif, custom typeface that spells Tiffany & Co. in all caps Colour: Known as Tiffany Blue, the colour was selected by founder Charles Lewis Tiffany for the cover of the Blue Book, Tiffany’s annual collection of exquisitely handcrafted jewels, which was first published ... ... middle of paper ... ...Tiffany & Co. (2014). Timeline | The Tiffany Story | Tiffany & Co. Retrieved May 1, 2014, from http://www.tiffany.com/WorldOfTiffany/TiffanyStory/Timeline/ 4) Hall, H. (1895). America's successful men of affairs an encyclopedia of contemporaneous biography.. New York: New York Tribune. 5) Gorman, K. (2011, November 6). What’s Red and Blue and Litigated All Over? Louboutin, Tiffany, and the Future of Trademarked Colors. Columbia Business Law Review Whats Red and Blue and Litigated All Over Louboutin Tiffany and the Future of Trademarked Colors Comments. Retrieved May 1, 2014, from http://cblr.columbia.edu/archives/1186 6) Harris, A (2013, November 19). Tiffany engagement ring stands the test of time. Vancouver Sun, Retrieved from http://www.vancouversun.com/life/fashion-beauty/Tiffany+engagement+ring+setting+stands+test+time/9185848/story.html?__lsa=a8e8-7020

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