Step into an enchanting winter wonderland of Tiffany & Co.'s iconic Fifth Avenue flagship store, with this holiday's season's ornate window displays inspired by miniature theatres from the 19th century.

Behind the glass reveals a heritage of luxury amid wintry scenes: An ornate proscenium arch frames a fairy tale landscape in a palette of Tiffany Blue and winter white. A palace covered in snow, pavilions and grand staircases sparkle with jewels; and a sleigh worthy of a queen glides deep into the forest, where a great white stag reigns, surrounded by fir trees laden with treasures.

Photos by Ricky Zehavi.