Mission Statement

Tiffany & Co. seeks to enrich the lives of its customers by creating enduring objects of extraordinary beauty that will be cherished for generations. 

Their mission is to be recognized as the world's most respected and successful designer, manufacturer, and marketer of the finest jewelry, timepieces, selected accessories and tabletop products.  Success in achieving their overall mission is defined in terms of specific product, service and stakeholder missions.

Stock Price

The stock price is $45.56 this week which has slowly climbed since the last two weeks. 

Tiffany & Co - Fighting External Threats

Tiffany & Co. remains to be doing well in sales and their stock price went up and closed today at $43.87.  They are in a rather specific market as far as consumers who purchase their product are concerned.  This is not a product with close substitutes.  They tend to sell to high income individuals.  Those individuals are not normally "hurt" by hard economic times, and therefore, Tiffany & Co.'s sales are not hurt either.  They continue to develop new products in order to remain competitive and sell their products on the market.

Tiffany's Headquarters

The Company's headquarters are located at 727 Fifth Avenue, New York, NY 10022.  The building, housing its flagship store at that address, was constructed in 1940.  Approximately 42,000 square feet of this 124,000 square foot building, are devoted to retail selling purposes, with the balance devoted to administrative offices, certain product services, jewelry manufacturing and storage.

Tiffany and Co's fiscal year end is January 31.

In the year ended January 31, 2010, the New York flagship store represented approximately 9% of the total Company net sales.

Stock Prices remains the same...

Tiffany & Co.'s stock is currently trading at $42.50 per share.  The stock is remaining stable right now....it is not fluctuating in price and staying constant.  I don't think I have seen very many stocks do that on the market.

Stock Price 9/8/10

Tiffany & Co's stock is trading at $42.50 per share as of today, Sep. 8, 2010.

Potential Threats - external environment

Tiffany & Co. sells products that are considered a luxury good to the typical consumer.  Since these goods are not considered necessary, their product sales will tend to suffer in a time of economic decline.  This is a potential threat due to the current state of our economy.  Most people will tend to budget their money during hard economic times and purchase goods that are necessary for survivial.  Thus, purchases such as jewelry will be postponed to a later time.

About the company.....

Tiffany & Co. is a holding company that operates through its subsidiary companies ("Company").  The Company's principal subsidiary, Tiffany and Company, is a jeweler and specialty retailer, whose merchandise offerings include an extensive selection of jewelry (90% of net sales in fiscal 2009), as well as timepieces, sterling silverware, china, crystal, stationery, fragrances and accessories.  Through Tiffany and Company and other subsidiaries, the Company is engaged in public design, manufacturing and retailing activities. 

Tiffany was founded in 1837 when Charles Lewis Tiffany opened a store in downtown Manhattan.  Today, more than 200 Tiffany & Co. stores and boutiques serve customers around the world.

Stock Info

Tiffany & Co's ticker symbol is TIF.

Throughout the past year, their stock has traded around $40 a share.  The high for the past year is $52.19.  The low is $34.70.