LVMH strengthens its Watches Division with the acquisition of L’Epée 1839; Bernard Arnault said to have bought stake in Cartier owner Richemont

   
 
 

Market News

 

LVMH strengthens its Watches Division with the acquisition of L’Epée 1839

LVMH has recently announced the acquisition of Swiza, owner of L’Epée 1839, a prestigious Swiss manufacturer of high-end clocks and authentic ‘objets d’art’ featuring exceptional mechanisms and intricacies. This acquisition of a jewel in the crown of Haute Horlogerie is further proof of the LVMH Group’s determination to preserve and develop historic savoir-faire, and to ensure that it is passed on and cultivated over time. Based in Delémont, in the Swiss Jura, L’Epée 1839 has been perpetuating exceptional watchmaking expertise for 185 years, crafting creations that have been conceived, developed and produced in-house. Now specialising in clocks, the company is recognised for its unrivalled expertise and its unique creative vision in combining form and function.

 

Bernard Arnault said to have bought stake in Cartier owner Richemont

Bernard Arnault has taken a personal equity stake in Cartier parent company Richemont, according to people familiar with the French billionaire’s investments. It’s unclear exactly how much of a shareholding the LVMH chairman and chief executive officer has acquired in Cie Financiere Richemont SA. It was described by one of the people as “small” and part of a broader Arnault family-owned portfolio of investments in publicly listed companies. Arnault currently intends to hold the stock only as an investment, said the person, asking not to be named talking about confidential matters. News of Arnault’s shareholding in Richemont, which is controlled by South African billionaire Johann Rupert, was revealed as part of a wider profile of the businessman, published in Bloomberg Businessweek.

 
 

Company News

 

AWR Lifestyle and Bianchet redefine luxury watch experience in UAE

AWR Lifestyle, a division of AW Rostamani has recently announced its latest venture with Bianchet, the Swiss luxury watchmaker, becoming the brand’s exclusive distributor in the UAE. This partnership, marking Bianchet’s official entry into the regional market, underpins AWR Lifestyle’s commitment to establishing a distinctive and luxurious presence in the UAE market. Bianchet, founded by husband-and-wife Rodolfo Festa Bianchet and Emmanuelle Festa Bianchet, is celebrated for its exceptional tonneau-shaped skeleton tourbillon watches. 

 

First Albanian Watch at the GPHG 2024 Artistic Craft Category

Pirro is renowned for the creation of exquisite jewellery, medals, coin reliefs, figurines, miniature sculptures and handmade filigree artworks, true to the spirit and tradition of Albanian culture. Recently Pirro revealed a timeless watch "Primordial Passion" combining art and innovation completely made in-house. This masterpiece features twelve Albanian folk dancers, representing twelve regions, each unique and diverse in their respective regional embroidery, reflected in the micro figurines through hyper-realism, to mark the hours. 

 
 

Product Launch

 

Chopard presents Haute Joaillerie creations from its Red Carpet Collection at the Paris Couture Week

As a jewellery member of the Fédération de la Haute Couture et de la Mode, Chopard exhibited its creations from Red Carpet Collection as part of Paris Couture Week, which was held from June 24th to 27th 2024. As much a creative as a technical challenge, the Red Carpet Collection is annually reinvented, stylishly illustrating Chopard’s Co-President and Artistic Director Caroline Scheufele’s love for the 7th Art and for the Cannes Film Festival. All these exceptional creations were revealed for the first time at the Cannes Festival, during a prestigious fashion show featuring looks from the second Caroline's Couture collection: a line of apparel envisioned by Caroline Scheufele as a dialogue between the Artistic Crafts of couture and jewellery.

 

Buccellati presents 'The Prince of Goldsmiths' at Paris Haute Couture

Buccellati presents the most iconic jewels showed in the exhibition, launched in Venice on the April 18th, 'The Prince of Goldsmiths. Buccellati Rediscovering the Classics' in the French capital during Haute Couture. The selection of jewellery for this special occasion offers an opportunity to retrace the milestones of the exhibition celebrating the Maison's 100-year history. The precious Buccellati Venezia Butterfly, designed by Andrea Buccellati and his daughter Lucrezia, presented in Venice is accompanied by two other creations by Gianmaria Buccellati (one of which is unpublished) to portray the theme of Generations well represented in Venice in "The Buccellati Generations" room.

 

Chaumet presents En Scène New High Jewellery collection

Conceived as a spectacular representation uniting artistic disciplines, Chaumet en Scène, the Maison’s new High Jewellery collection, presents three eloquently cadenced scenes : Music, Dance & Magic. Music, dance and magic convey the full measure of the Maison’s virtuosity. Under the spotlights, parures acquire their own rhythm mixing repetitive patterns and free time. Translating the Maison’s esteemed art of movement, each parure is a unique number in which the High Jewellery pieces magnify exceptional stones. Without forgetting that timeless Maison signature, the tiara, which leads with brilliance. 

 

Presenting the Streamliner Concept Minute Repeater Tourbillon Blue Enamel by H. Moser & Cie.

With the Streamliner Concept Minute Repeater Tourbillon Blue Enamel, H. Moser & Cie. presents one of the most traditional and romantic watch complications and combines it with a magnificent flying tourbillon performing a spinning waltz. Drawing attention to the minute repeater mechanism, it has taken the bold decision to position the two shaped gongs and the hammers on the dial side, in a brand-new design. This involved overcoming many technical challenges. The gongs, in particular, which are on a single level in order to preserve the ergonomics of the piece, had to be curved so as not to encroach on the flying tourbillon and to respect the purity of design for which H. Moser & Cie. constantly strives, with the balanced proportions, fluid shapes and high-flying finishes characteristic of the Streamliner line. 

 

Louis Erard collaborates with Alain Silberstein

In this new collaboration with Alain Silberstein, Louis Erard brings joy to your days with a mood-transforming timepiece. Shape or share your mood at just a glance. Since 2019, Louis Erard has collaborated with Alain Silberstein’joyful, arty, rebellious & non-conformsit energy. both break the mold and refuse to be labeled. Each asserts rebellious codes reflecting the brand's disruptive vision: merging the swissness of artisans and artists, asserting simplexity both aesthetically and technically, daring to defy norms, breaking new ground and using the framework as a springboard.

 

Introducing the L.Leroy Minute Repeater Flying Tourbillon

Faithful to its extraordinary and inimitable watchmaking heritage, L.Leroy has created the stunning unique piece “Minute Repeater Flying Tourbillon” inspired by a rare ancient pendant tact watch made by Leroy around 1810 for the Prince Emil Maximilian Leopold August of Hesse and which is now part of the prestigious collection of the Patek Philippe Museum. In the 21st century, L.Leroy reinterprets this exquisite timepiece. A challenge that sees the Maison blend, in perfect harmony, its rich historical legacy with the demands of the contemporary era. Today, the "L.Leroy Minute Repeater Flying Tourbillon", a striking and sophisticated wristwatch which appeals to eyes and ears, enriches the watchmaking selection of Cellini in New York, one of the world's leading stores that devotes great attention to exclusive high-end watch brands.  

 

Eberhard & Co. presents a new dial for Traversetolo

Traversetolo, one of Eberhard & Co.'s best sellers, was introduced in 1996 and can be considered one of the pioneers of large-case watches: with a diameter of 43 mm, it was a surprising release at the time enjoying immediate success, still maintained today. Traversetolo is now presented in a brand-new guise, with its essential design, clear readability and its solid and reliable hand-wound movement. The dial, framed by a polished steel bezel, is coloured in an original powder blue shade: a fresh, bright tone, ideal for wearing during the spring and summer seasons, with white Arabic numerals and hands. The new dial is available combined to the Chaland steel bracelet or with a soft touch vintage leather strap in powder blue, creating an original matching effect.

 
 

Celebrity News

 

Gigi Hadid shines in Chaumet during Vogue World Paris

On June 23rd, numerous personalities were invited to Place Vendôme to celebrate haute couture, sports, and arts during a grandiose event. Among those who made an impression was model Gigi Hadid, who presented an exceptional runway show sporting a mesmerizing look enhanced by Chaumet’s Soir de Fête earrings featuring diamonds and sapphires.

 
 
 
 

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