|Tiffany & Co., the parent corporation of Tiffany and Company, is engaged in the business of jewelry making and sales. The Company's principal product categories are fine jewelry, timepieces, sterling silver goods, china, crystal, stationery, writing instruments, fragrances and personal accessories. As of January 31, 2002, the Company had 43 retail locations throughout the United States. In addition to its retail locations, the Company also sells its products through its Business Sales Division, catalogs and its Website, www.tiffany.com. The Company offers an extensive selection of Tiffany & Co. brand jewelry at a wide range of prices. In fiscal 1999, 2000 and 2001, approximately 75%, 78% and 79%, respectively, of the Company's net sales were attributable to jewelry. Designs are developed by employees, suppliers, independent designers and independent ""name"" designers.
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