CRAZY About TIFFANY'S

With a REIMAGINED FLAGSHIP and a new SETTING for the TIFFANY DIAMOND, the New York jeweler SHOWS OFF its LIMITLESS capacity for REINVENTION

- ALISON S. COHN

HOLLY GOLIGHTLY exits a New York City taxi cab at dawn in front of the Tiffany & Co. store on Fifth Avenue and 57th Street. She's wearing a black evening gown, opera gloves, and a multistrand pearl and rhinestone necklace. The camera pans up the facade of the building, with its Atlas clock and revolving doors, then returns to Golightly, who is gazing at the window display as she sips coffee and munches on a Danish. With the iconic opening of the 1961 film Breakfast at Tiffany's, the jeweler entered the realm of pop-culture mythology. In the publicity photos for the film, actress Audrey Hepburn traded her costume jewelry for a necklace set with the spectacular 128.54-carat yellow Tiffany Diamond. Now the two things most emblematic of Tiffany-the Fifth Avenue store and the Tiffany Diamond-are getting dramatic makeovers as a new design for the famous stone takes center stage at Tiffany's freshly renovated Fifth Avenue flagship, which h