SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT

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                       Pursuant to Section 13 or 15(d) of

                       the Securities Exchange Act of 1934



         Date of Report (Date of earliest event reported): May 20, 1999



                                  TIFFANY & CO.

             (Exact name of Registrant as specified in its charter)



          Delaware                       1-9494                 13-3228013
(State or other jurisdiction of  (Commission File Number)    (I.R.S. Employer
     incorporation)                                       Identification Number)


 727 Fifth Avenue, New York, New York                       10022
  (Address of principal executive offices)                (Zip Code)




       Registrant's telephone number, including area code: (212) 755-8000




Item 5.  Other Events.

(a)  Two-for-one Stock Split

         On May 20, 1999, a majority of the holders of  Registrant's  issued and
outstanding  Common  Stock  voted in person or by proxy at  Registrant's  Annual
Meeting of Stockholders to approve a proposed amendment to Registrant's Restated
Certificate  of  Incorporation  increasing  the number of  authorized  shares of
Registrant's  Common Stock from  60,000,000 to  120,000,000.  On that same date,
Registrant's  Board of  Directors  resolved  to  effect a  two-for-one  split of
Registrant's  Common  Stock,  such split to be effected by a share  distribution
(stock  dividend) on July 21, 1999 (the "Payment  Date") to holders of record on
June 23, 1999 (the "Record Date"). The amendment to Registrant's  Certificate of
Incorporation is expected to become effective on or about May 21, 1999 on filing
with the  Secretary of State for the State of Delaware,  and the  aforementioned
stock split is subject to such amendment becoming effective.

(b)  Declaration of Increased Dividend

         On May 20, 1999,  Registrant's  Board of Directors  further resolved to
pay a cash  dividend of $.12 per share on the Payment  Date to holders of record
on the Record Date.  This cash dividend will be payable on the Payment Date only
in  respect  of shares  issued and  outstanding  on the  Record  Date and not in
respect of shares  distributed to effect the  aforementioned  stock split.  On a
pre-split  basis,  this  represents  a 33%  increase in  Registrant's  quarterly
dividend.  Registrant's  Board of Directors also resolved that future  quarterly
cash dividends, subject to declaration in each instance, shall be payable at the
rate of $.06 on each of the issued and outstanding shares of Registrant's Common
Stock, including shares issued to effect the aforementioned stock split.

                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                  TIFFANY & CO.

                                  /s/ Patrick B. Dorsey
                         BY:      _____________________________________
                                  Patrick B. Dorsey
                                  Senior Vice President, General Counsel
Date: May 20, 1999                and Secretary