Tiffany & essay
ACCOUNTING PROJECT
Tiffany & Co.
Company Profile
Tiffany & Co. is a holding company that operates through its subsidiary companies (the "Company"). The Company's principal subsidiary, Tiffany and Company, is a jeweler and specialty retailer, whose merchandise offerings include an extensive selection of jewelry (91% of net sales in fiscal 2011), as well as timepieces, sterling silverware, china, crystal, stationery, fragrances and accessories. Through Tiffany and Company and other subsidiaries, the Company is engaged in product design, manufacturing and retailing activities.
Tiffany was founded in 1837 when Charles Lewis Tiffany opened a store in downtown Manhattan. Today, more than 250 TIFFANY & CO. stores and boutiques serve customers around the world.
The Company's operating segments are as follows: the Americas region (50% of fiscal 2011 sales) includes sales transacted in TIFFANY & CO. stores in the United States, Canada, Mexico and Brazil, as well as sales of TIFFANY & CO. products in certain of those markets through Internet, catalog, business-to-business and wholesale operations; the Asia-Pacific region (21% of fiscal 2011 sales) consists of sales transacted in TIFFANY & CO. locations in Australia, China, Hong Kong, Korea, Macau, Malaysia, Singapore and Taiwan, as well as sales of TIFFANY & CO. products in certain of those markets through Internet, and wholesale operations; Japan (17% of fiscal 2011 sales) consists of sales transacted in Japanese department store boutiques and in freestanding stores, as well as sales of TIFFANY & CO. products through internet, business-to-business and wholesale operations; and Europe (12% of fiscal 2011 sales) consists of sales transacted in TIFFANY & CO. stores in Austria, Belgium, France, Germany, Ireland, Italy, The Netherlands, Spain, Switzerland, and the United Kingdom, as well as sales of TIFFANY & CO. products in certain of those markets through Internet, and
Tiffany & Co.
Company Profile
Tiffany & Co. is a holding company that operates through its subsidiary companies (the "Company"). The Company's principal subsidiary, Tiffany and Company, is a jeweler and specialty retailer, whose merchandise offerings include an extensive selection of jewelry (91% of net sales in fiscal 2011), as well as timepieces, sterling silverware, china, crystal, stationery, fragrances and accessories. Through Tiffany and Company and other subsidiaries, the Company is engaged in product design, manufacturing and retailing activities.
Tiffany was founded in 1837 when Charles Lewis Tiffany opened a store in downtown Manhattan. Today, more than 250 TIFFANY & CO. stores and boutiques serve customers around the world.
The Company's operating segments are as follows: the Americas region (50% of fiscal 2011 sales) includes sales transacted in TIFFANY & CO. stores in the United States, Canada, Mexico and Brazil, as well as sales of TIFFANY & CO. products in certain of those markets through Internet, catalog, business-to-business and wholesale operations; the Asia-Pacific region (21% of fiscal 2011 sales) consists of sales transacted in TIFFANY & CO. locations in Australia, China, Hong Kong, Korea, Macau, Malaysia, Singapore and Taiwan, as well as sales of TIFFANY & CO. products in certain of those markets through Internet, and wholesale operations; Japan (17% of fiscal 2011 sales) consists of sales transacted in Japanese department store boutiques and in freestanding stores, as well as sales of TIFFANY & CO. products through internet, business-to-business and wholesale operations; and Europe (12% of fiscal 2011 sales) consists of sales transacted in TIFFANY & CO. stores in Austria, Belgium, France, Germany, Ireland, Italy, The Netherlands, Spain, Switzerland, and the United Kingdom, as well as sales of TIFFANY & CO. products in certain of those markets through Internet, and