A Short History of Luxury: From Audrey Hepburn to Jay-Z and Beyoncé, the crazy saga of Tiffany & Co.
The American jeweler Tiffany & Co. is now an emblematic house of the luxury landscape. It has crossed the centuries and will celebrate its 185 years of existence in 2022. With a wealth of sumptuous creations and collaborations, here is the history of Tiffany & Co.
1837: Once upon a time, Tiffany & Co…
The beautiful story of Tiffany & Co began in 1837. The brand was born in New York under the impulse of Charles Lewis Tiffany and John B. Young. Both 25 years old, it is thanks to the opening of a store of supplies, costume jewelry and luxury items on Broadway Avenue that the Tiffany & Co. adventure begins. On the first day of sales, the success was not the same as in recent years: sales reached a total of 4.98 dollars.
Eleven years later, in 1848, the company specialized in jewelry, and Tiffany became a renowned diamond destination. Charles Lewis Tiffany bought gems from European aristocrats, including Marie Antoinette, and brought them back to the United States, allowing the American elite to acquire real jewels directly in their country for the first time.
However, it was in 1867 at the Paris World’s Fair, which welcomed more than ten million visitors and 50,226 exhibitors, that the company made its name, 17 years after opening its first boutique in the City of Light. The company was awarded the Grand Prix for the Art of Silver, becoming the first American design house honored by a foreign jury.
By the end of the 19th century, Tiffany & Co had established itself as America’s leading supplier of jewelry, watches, luxury tableware and personal accessories, boasting more than a thousand employees and offices in London, Paris and Geneva. The latter had the luxury of decorating the interior of the White House in 1882. A beautiful ascension, therefore, more than 60 years after the creation of the jewelry house.
The twentieth century, synonymous with real success for Tiffany
After the death of the jeweler’s co-founder Charles Lewis Tiffany in 1902, his son Louis Comfort Tiffany took over the family business and became the first design director. An influential figure in the Art Nouveau movement, he began to create unique jewelry and porcelain lines that were imbued with the spirit of their time until at least 1950, and seduced celebrities, actors and political figures. Today, Louis Comfort Tiffany’s naturalist and colorful aesthetic remains a major inspiration for today’s Tiffany designers.
In 1940, at the height of its golden age, Tiffany & Co. opened a luxurious store on prestigious Fifth Avenue. A true flagship of the jeweler, it, and its tea room, were already adorned with the signature turquoise blue “1837 Blue” that would become the brand’s emblem over the years. Attracting tourists and customers from all over the world, the Kennedys, Richard Nixon, Elizabeth Taylor and Richard Burton were among the guests.
It also has a tea room, and it is here that the very famous Tiffany Diamond, a sublime and impressive 90-faceted yellow diamond discovered in 1878, is on permanent display. Today it has been worn by Lady Gaga and Beyoncé, on red carpets and in the “About Love” campaign.
This emblematic flagship was immortalized in 1961 in the film Breakfast at Tiffany’s (Diamonds on the Couch). An instant Hollywood classic, it was the very first film shot in Tiffany’s flagship, followed by Sleepless in Seattle in 1993 and Fashion Victim in 2002.
The icon of this film, Audrey Hepburn, appears in a little black dress, strings of Tiffany pearls around her neck, while enjoying a coffee in front of the diamond shop window. The impact of this film in the imagination of Americans and the world will once again anchor Tiffany & Co. in the place of inescapable jewellery house, solicited by the greatest.
The 2000s: Unstoppable success
With several jewelry collections, all as unique as they are delicate and elegant, and all adorned with the most beautiful diamonds and precious stones ever found, Tiffany & Co. is now one of the most prestigious jewelry houses in the world – if not the most prestigious.
With new collections embodied by celebrities such as Beyonce and her husband Jay-Z, actresses Anya Taylor-Joy, Gal Gadot and Lady Gaga, Tiffany & Co. has elegantly crossed the centuries and built an international reputation.
While the Fifth Avenue store alone accounts for nearly 10% of the brand’s sales (in 2019, in the pre-pandemic period), Tiffany has more than 300 stores worldwide. Counting the U.S. and Asia as its primary markets, they together account for nearly 75% of sales.
In 2021, Tiffany was able to complete a record year with sales of 8.96 billion euros, proving once again that America’s iconic jeweler remains an illustrious jewelry house, and surely forever…
Read also > A SHORT HISTORY OF LUXURY: HOW SCHIAPARELLI’S FRIENDSHIP WITH DALÍ LED TO ICONIC COLLABORATIONS AND DESIGNS
Featured photo : © Tiffany
[EN] CLAIRE DOMERGUE, A SPECIALIST IN COMMUNICATION IN THE LUXURY SECTOR, HAS SURROUNDED HERSELF WITH EXPERTS TO CREATE THE FIRST MEDIA DEDICATED TO THE ECONOMIC NEWS OF LUXURY AND FASHION. THE LATTER DRAWS THE ATTENTION OF ITS READERS TO ALL THE MAJOR PLAYERS IN THESE SECTORS WHO SHARE THEIR EXPERIENCES, VISIONS AND KNOW-HOW. MORE THAN A SPECIALIZED WEBZINE, LUXUS PLUS IS A MULTI-SECTOR INFORMATION SYSTEM, WHICH HAS BECOME THE REFERENCE MONITORING TOOL FOR LUXURY AND FASHION PROFESSIONALS. OUR NEWSLETTERS CONTRIBUTE TO MAKE OUR READERS AWARE OF THE CHANGES AFFECTING THE LUXURY INDUSTRIES. THANKS TO AN INCREASED WATCH AND AN EXCELLENT KNOWLEDGE OF THE SECTOR, WE ARE INTERESTED IN THE MAIN ECONOMIC AND TECHNOLOGICAL STAKES OF FASHION, FINE WATCHMAKING, JEWELRY, GASTRONOMY, COSMETICS, PERFUMES, HOTELS, PRESTIGIOUS REAL ESTATE...********[FR] Claire Domergue, spécialiste de la communication dans le secteur du luxe, s’est entourée d’experts pour créer le premier média consacré à l’actualité économique du Luxe et de la mode. Ce dernier attire tout particulièrement l’attention de ses lecteurs sur l’ensemble des acteurs majeurs de ces secteurs qui y partagent leurs expériences, visions et savoir-faire. Plus qu’un webzine spécialisé, Luxus Plus est un système d’information multi-sectoriel, devenu l’outil de veille de référence pour les professionnels du luxe et de la mode. Nos newsletters de veille contribuent en effet à sensibiliser nos lecteurs aux mutations qui touchent les industries du luxe. Grâce à une veille accrue et à une excellente connaissance du secteur, nous nous intéressons aux principaux enjeux économiques et technologiques de la mode, la haute horlogerie, la joaillerie, la gastronomie, des cosmétiques, parfums, de l’hôtellerie, l’immobilier de prestige…