Moti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.
Breakfast at Tiffany’s Is Now a Real Thing
The retailer just debuted the redesigned fourth floor of its flagship store, which now includes an all-day café.

New York--Breakfast at Tiffany’s has evolved from being a popular ‘60s rom-com starring Audrey Hepburn to a real-life possibility.
On Wednesday night in New York, Tiffany & Co. fêted the reopening of its just-revamped fourth floor, which is home to accessories, tableware and, now, a café painted in the jeweler’s signature robin’s egg blue.
Jaye Thompson, who heads public relations globally for the retailer, said the redesigned floor was a collaboration between Richard Moore, Tiffany’s director of store design and visual merchandising, and new artistic director Reed Krakoff.
Tiffany named the accessories and fashion designer as its artistic director earlier this year--one in a series of executive moves, including a new CEO, the company made as it works to combat slumping sales.
Thompson said that Krakoff is weaving his style into everything Tiffany, from the stores to the websites to his first jewelry collection, which is set to debut next spring.
The retailer’s revamped fourth floor is lighter, brighter and more open, and it also includes less of something--merchandise.
Recognizing, like so many retailers, that stores today have to offer an experience, Tiffany cut back on its fourth-floor stock on display in order to dedicate space to the Blue Box Cafe and its on-site kitchen.
The café is open whenever the store is open and serves three meals a day as well as alcohol, which will be welcomed by anyone familiar with Fifth Avenue during the holiday season.
Also on the fourth floor, sprinkled in among the tableware, perfume and handbags, are a few of the items--in Tiffany terms, “Everyday Objects”--that have been lighting up the internet ahead of the grand reopening.
The $9,000 ball of yarn in sterling silver (pictured at left) had its own vitrine in the corner, and a sterling silver and enamel bandage box ($600) was among the objects under glass on the display table right off the elevator.
There was also the now-famous $1,000 “tin” can in sterling silver and vermeil, which Golf Digest described as an excellent alternative to “simply lighting the money on fire.”
So these “Everyday Objects”--the $9,000 ball of yarn, the $600 bandage box--were made by Tiffany simply to create a social buzz before the big opening, right?
In an answer that was neither a yes nor a no, Thompson said creating objects like these was “an expression of the quality we have here in
He added that earlier, he saw a woman buying the $55,000 watering can and, for the record, a National Jeweler editor saw a few party guests getting the “tin” cans engraved, so those apparently are of interest as well.
Thompson also pointed out that objects like the yarn, “tin” can and bandage box don’t comprise the bulk of the Everyday Objects collection.
Tiffany’s new Home & Accessories floor, including the Blue Box Cafe, is located on the fourth floor of its New York flagship, 727 Fifth Ave., at 57th Street.
The café is open during store hours, 10 a.m. to 7 p.m. Reservations are not required.
It officially opens to the public Friday.
The Latest

Lichtenberg partnered with luxury platform Mytheresa on two designs honoring the connection between mothers and daughters.

The miner announced plans to recommence open-pit mining at Kagem.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Michel Desalles allegedly murdered Omid Gholian inside World of Gold N Diamond using zip ties and then fled the country.


Associate Editor Lauren McLemore shares her favorite looks from a night of style inspired by Black dandyism.

Sponsored by Instappraise

Supplier Spotlight Sponsored by GIA

CEO Beth Gerstein discussed the company’s bridal bestsellers, the potential impact of tariffs, and the rising price of gold.

The brand’s first independent location outside of Australia has opened in Beverly Hills, California.

Cathy Marsh will lead the jewelry company’s efforts in the upper Midwest and western United States.

The company has multiple strategies for dealing with tariffs, though its CEO said moving manufacturing to the U.S. is not one of them.

Connecting with your customers throughout the year is key to a successful holiday marketing push.

Its commercial-quality emerald sale held last month totaled more than $16 million, up from about $11 million in September 2024.

National Jeweler Editor-in-Chief Michelle Graff joined Michael Burpoe to talk tariffs, consumer confidence, and the sky-high price of gold.

Designer Lauren Harwell Godfrey made the piece as an homage to the 2025 gala’s theme, “Superfine: Tailoring Black Style.”

Expanded this year to include suppliers, JA’s 2025 list honors 40 up-and-coming professionals in the jewelry industry.

Located in Fort Smith, it’s the Mid-South jeweler’s first store in Northwest Arkansas.

The episode about the family-owned jeweler will premiere May 17.

The Houston-based jeweler’s new 11,000-square-foot showroom will include a Rolex boutique.

The turquoise and diamond tiara hasn’t been on the market since it was purchased by Lord Astor in 1930.

“The Duke Diamond” is the largest diamond registered at the Arkansas park so far this year.

The childhood craft of making dried pasta necklaces for Mother’s Day is all grown up as the 14-karat gold “Forever Macaroni” necklace.

Set with May’s birthstone and featuring an earthworm, this ring is a perfect celebration of spring.

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

May babies are lucky indeed, born in a month awash with fresh colors and celebrated with one of the most coveted colored gemstones.

The deadline to apply for the Seymour & Evelyn Holtzman Bench Scholarship is June 12.