UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                            _______________________

                                    FORM 8-K

                                 CURRENT REPORT
                            _______________________

     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


                       Date of Report: September 1, 2006

                                 TIFFANY & CO.

             (Exact name of Registrant as specified in its charter)



        Delaware                            1-9494              13-3228013
(State or other jurisdiction             (Commission         (I.R.S. Employer
    of incorporation)                    File Number)       Identification No.)


 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

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))




Item 8.01       Other Events.

On July 20, 2006,  Registrant's  Board of Directors  adopted the Share Ownership
Policy for Executive Officers attached hereto as Exhibit 99.1.


Item 9.01       Financial Statements and Exhibits.


      (c)       Exhibits

                99.1  Share Ownership Policy for Executive Officers adopted July
                      20, 2006.



                                    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.


                                    BY:   /s/ Patrick B. Dorsey
                                          ______________________________________
                                          Patrick B. Dorsey
                                          Senior Vice President, General Counsel
                                          and Secretary



Date:  September 1, 2006




                                  EXHIBIT INDEX


Exhibit No.             Description

99.1                    Share Ownership Policy for Executive Officers adopted
                        July 20, 2006.