Facts You May Not Know About Tiffany & Co.
The two men who brought Tiffany & Co. to life were Charles Lewis Tiffany and his friend John B. Young, who later became his brother-in-law. They started off with a small gift shop in New York City. In 1841, their store expanded and was named Tiffany, Young and Ellis. Of course, as we know, the store did not keep that name but changed it to Tiffany & Co. in the early 1850s. (It's also casually known as Tiffany's or just Tiffany today.) The company started to grow when they started building stores in places such as Paris in 1850 and London in 1868.
The "Blue Book"
The "blue book" is the name of their mail order catalog. It was first published in the year 1845 in the U.S. This was one of the first catalogs ever printed with color. You could get this catalog totally free up until 1972. The "blue book" is still around today and features all their rare and beautiful jewelry.
Tiffany & Co actually created and still creates many big-name trophies for sports events. In 1860, they made their first trophy, which was for horse racing. The first world championship baseball trophy was created by Tiffany & Co. in 1888. Since 2002, they have created the World Series trophy. In 1967, they made the first ever Super Bowl trophy. They have also made trophies for the NASCAR sprint cup, the Polo championship, and many other big-name events.
Tiffany's has made some of the biggest creations for America's biggest moments, dating all the way back to the Civil War when they created ceremonial swords. If you think that's impressive, they also redesigned the Congressional Medal of Honor in 1919.
The company has made many gifts for First Ladies and other dishes and pieces for the White House. Interestingly, President Lincoln gave his wife a pearl necklace from Tiffany's on his day of inauguration on March 4, 1861.
Another big part of history that Tiffany's has taken part in is the 1880s remake of The Great Seal of the United States that is pictured on the dollar bill.
Their signature color may look like a simple blue color, but it is not just any ordinary blue. Tiffany's trademark color blue is a customized color they own, and it's known as "Tiffany blue" or "1837 blue," which was the year Tiffany's was first founded.
This color was created by the company Pantone, which makes customized colors. Since Tiffany & Co. actually own this color, you cannot find the exact shade anywhere else. After this color was used on the cover of the "blue book," it became their signature color up through today.
As of 2019, there were more than 300 Tiffany stores combined and an estimated 14,200 employees. There were 95 stores in the United States and about 230 in other countries around the world. Their market capitalization stands at about 13 billion dollars as of November 2019, according to Forbes!
If you want to learn more about this iconic company, you can watch the documentary called Crazy About Tiffany's. The movie was released in February of 2016 and is all about the history of the company.