Tiffany & Co. is a holding company that operates through Tiffany and Company (“Tiffany”) and its other subsidiary companies (collectively, “the Company”). Through Tiffany and its other subsidiaries, the Company is engaged in product design, manufacturing and retailing activities. Tiffany’s merchandise offerings include an extensive selection of jewelry (91% of worldwide net sales in fiscal 2017), as well as timepieces, home and accessories, and fragrances. Tiffany was founded in 1837 when Charles Lewis Tiffany opened a store in downtown Manhattan. Today, more than 300 TIFFANY & CO. stores serve customers around the world.