The company acquired Howard H.
He was the only Tiffany to run the company.
Hurt by a recession, Japanese consumers had cut back spending, catching the retailer with more inventory than it needed.
All but one piece was sold.
Sparks, Debra, "Attention Tiffany Shoppers," Financial World, July 19, 1994, pp.
The new partner's capital enabled Young to go to Paris as a buyer, and he later established a branch store there.