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TIFFANY & COMPANY is advertising on television for the first time in the company's tiffany history in a tricky attempt to expand its consumer appeal without compromising its prestigious image.
The idea is to bring in customers who may not be able to afford the $1.8 million strand of Tiffany South Sea pearls but who could spring for, say, a $40 key chain.
In trying to tap the less-affluent market, though, Tiffany's has chosen a marketing approach that is valentines gifts risky for any upscale retailer whose image is as much a selling point as its earrings and bracelets.
Indeed, there is incentive for upscale retailers in general to go easy on marketing for snob appeal. Consumers of varying net worths are spending these days on apparel brand names like Tommy Hilfiger, designer label goods like Gucci and classic retailers known for quality and tradition like Tiffany's.
By marketing itself as the authority on gems, Tiffany's was able to play up its image as an exclusive Tiffany Notes locket and chain retailer while attracting consumers who might have otherwise been intimidated walking into its boutiques. The ''Vows'' commercial is an attempt to push that effort further.

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When the company finished the second of two down quarters, 15 Tiffany insiders tiffany have sold 113,850 shares, or 14 percent of management's stake in the company. And that selloff is raising doubts about the stock's chances of remaining at its luxurious heights.
Among the sellers were 13 of the company's top 16 managers, including the chief executive, the design director and the chief financial officer, plus two outside members of the board, according to Invest/Net, a company in Fort Lauderdale, Fla., that tracks Securities and Exchange Commission filings. 80,550 Options Exercised
Four of the sellers sold all of the shares they owned, although the company said last week Heart Clover Pendant that all four still had options to buy additional shares. A total of 80,550 options were exercised and sold in the period, but no one in the group reported buying and keeping any stock.
Tiffany's shares fell 12.5 cents on Friday, to $48, in New York Stock Tiffany Nature Dragonfly pendant Exchange trading.
To be sure, there are always insiders who sell stock, not because they are pessimists, but because they need cash.

The man involved in the robbery of tiffany store, Scott Jackson dropped out of Food and tiffany Maritime High School in the 10th grade, but he did not give up on life: He earned his high school equivalency diploma and in the next decade worked as a security guard at institutions like the South Street Seaport and the New York Public Library, where he won promotion after promotion.
One day in June 1990, as he walked the streets looking for a second job, he entered Tiffany & Company for the first time.
For someone who grew up in the Brooklyn neighborhood of Bedford-Stuyvesant, the elegant Elsa Peretti Teardrop ring jewelry store on Fifth Avenue was worlds away from home. But once again, he quickly rose through the ranks, this time to a $40,000-a-year job as loss prevention coordinator, a key supervisory position in which he was responsible for protecting the most precious jewels against theft. He also continued moonlighting at another security job.
And so, Scott Jackson, 32, who had pulled himself up from nothing, was considered a success -- Butterfly pendant until last September, when the police arrested him in a daring $1.9 million jewelry theft at Tiffany's, the largest robbery in the store's 157-year history.

TIFFANY & COMPANY is advertising on television for the first time in the Airplane charm pendant company's history in a tricky attempt to expand its consumer appeal without compromising its prestigious image.
The idea is to bring in customers who may not be able to afford the $1.8 million strand of Tiffany South Sea pearls but who could spring for, say, a $40 key chain.
In trying to tap the less-affluent market, though, Tiffany's has chosen a marketing approach that is risky for any upscale retailer whose image is as much a selling point as its earrings and bracelets.
Indeed, there is incentive for upscale retailers in general to go easy on marketing for snob tiffany appeal. Consumers of varying net worths are spending these days on apparel brand names like Tommy Hilfiger, designer label goods like Gucci and classic retailers known for quality and tradition like Tiffany's.
By marketing itself as the authority on gems, Tiffany's was able to play up its image as Tiffany Notes locket and chain an exclusive retailer while attracting consumers who might have otherwise been intimidated walking into its boutiques. The ''Vows'' commercial is an attempt to push that effort further.