When one thinks of timeless jewelry, the name Tiffany & Co. immediately comes to mind. The luxury house’s beloved Heart Tag Necklace is an emblem of both its enduring legacy and modern reinvention.

Supreme and Tiffany & Co. have come together for an unexpected collaboration that alludes to the way in which the jewelry brand may be shifting under LVMH. Hot on the heels of its ads with Beyoncé and ...