MajorsApr 19, 2024
Unique Designs Acquires China PearlMajorsMay 07, 2024
Richemont Acquires Italian Jeweler Vhernier
The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
A Vhernier “Calla” necklace in 18-karat rose gold and ebony ($11,300). The Italian jeweler was recently acquired by Richemont for an undisclosed amount.
Geneva—Richemont has acquired Italian jewelry brand Vhernier, the luxury conglomerate announced Monday.
The Milan-based brand was founded in Valenza, Italy, in 1984, and was later acquired by the Traglio family in 2001.
The brand is best known for its modern aesthetic, inspired by the body’s curves and modern sculpture.
Its collections feature sculptural and ergonomic shapes, combining precious materials with unconventional ones, like titanium, bronze, and ebony.
“Maison Vhernier brings a distinguished and distinctive design that beautifully blends modern, sleek and elegant shapes with unconventional materials, magnified by exceptional craftsmanship,” said Richemont Chairman Johann Rupert.
The brand will “perfectly complement” its existing jewelry portfolio, he said, which includes Cartier, Van Cleef & Arpels, and its most recent jewelry acquisition, Buccellati.
“We are delighted to welcome Vhernier’s talented team into the Richemont family. We very much look forward to working together to realize the full potential of this exceptional maison within the thriving branded jewelry market,” said Rupert.
Related stories will be right here …
The Milan-based brand was founded in Valenza, Italy, in 1984, and was later acquired by the Traglio family in 2001.
The brand is best known for its modern aesthetic, inspired by the body’s curves and modern sculpture.
Its collections feature sculptural and ergonomic shapes, combining precious materials with unconventional ones, like titanium, bronze, and ebony.
“Maison Vhernier brings a distinguished and distinctive design that beautifully blends modern, sleek and elegant shapes with unconventional materials, magnified by exceptional craftsmanship,” said Richemont Chairman Johann Rupert.
The brand will “perfectly complement” its existing jewelry portfolio, he said, which includes Cartier, Van Cleef & Arpels, and its most recent jewelry acquisition, Buccellati.
“We are delighted to welcome Vhernier’s talented team into the Richemont family. We very much look forward to working together to realize the full potential of this exceptional maison within the thriving branded jewelry market,” said Rupert.
Vhernier’s jewels are handcrafted in Valenza and sold in the United States and Europe through a network of mono-brand boutiques and multi-brand stores.
The jeweler also operates De Vecchi Milano 1935, an Italian heritage silverware and home décor brand.
“We are pleased for Maison Vhernier to join Richemont, the undisputed leader in design jewelry. We firmly believe that our distinctive jewelry maison will flourish under Richemont’s stewardship, expertise, and careful nurturing,” Vhernier Chairman Carlo Traglio and CEO Maurizio Traglio said in a joint statement.
The terms of the acquisition were not disclosed and its completion is subject to certain conditions and regulatory approval.
Richemont said the acquisition will have no material financial impact on its consolidated net assets or operating results for this fiscal year.
Editors' Picks
Sponsored by
MajorsJan 18, 2024
Quality Gold Is Making Another Acquisition
MajorsSep 30, 2019
Richemont Buys Buccellati in Private DealMore on Majors
The Latest
GradingJan 14, 2025
GIA CEO, President Susan Jacques to Retire at the End of 2025The grading lab said the search for her successor is underway.
ColumnistsJan 14, 2025
Jules Kim: Building Bridges Between Creators and IndustryIn this special op-ed, designer Jules Kim calls on big brands to collaborate with independent creators instead of copying their designs.
Policies & IssuesJan 14, 2025
These Designers and Retailers Are Raising Money for LA Wildfire Relief Several jewelry designers are lending a helping hand to charities in Los Angeles amid the raging wildfires.
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
GradingJan 14, 2025
Former SSEF Director Henry A. Hänni DiesA pioneering figure in gemology, he is remembered for his spirit of generosity, curiosity, and joy.
Weekly QuizJan 09, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
FinancialsJan 14, 2025
Signet Jewelers Lowers Q4 Guidance After Holiday Sales Fall ShortThe peak selling days leading up to Christmas did not meet the jewelry retailer’s expectations.
SourcingJan 13, 2025
Zambia Reinstates 15% Export Duty on Precious Gemstones, Shocking GemfieldsGemfields said the Zambian government revoked the 2019 suspension of the tax with no warning.
Brought to you by
A Diamond Is Forever Celebrates "Forever Present" Holiday CampaignA Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
TechnologyJan 13, 2025
Ultrahuman Unveils Luxury Smart RingWith versions in 18-karat gold and platinum, the wearables company is blending health technology and fine jewelry.
Policies & IssuesJan 13, 2025
Brandee Dallow Elected President of Ethical MetalsmithsThe executive brings more than two decades of industry experience to the role.
IndependentsJan 13, 2025
The Seven Pops Up in Palm BeachThe New York City-based retailer is bringing its curation of jewels to a pop-up shop at Love Binetti in Palm Beach, Florida.
Policies & IssuesJan 10, 2025
Jewelers Relief Fund Reopened to Aid Victims of LA Fires Created by JA and DCA, the fund is collecting money for jewelry businesses damaged by the wildfires in Los Angeles County.
TrendsJan 10, 2025
Piece of the Week: Elsa Jin’s ‘Mozi’ BroochAdrien Brody received his first Golden Globe while wearing the “Mozi” brooch, which depicts a spill of traditional Chinese calligraphy ink.
SourcingJan 10, 2025
De Beers, GJEPC Partner to Promote Natural DiamondsThe pair will work together to support independent retailers in India with marketing assets, training materials, and other tools.
CrimeJan 09, 2025
US Customs Seizes Counterfeit Tiffany & Co. JewelsOfficers in Champlain, New York valued the jewels, if genuine, at nearly $30,000.
CollectionsJan 09, 2025
Karma El Khalil’s New Collection is an Ode to the MoonThe “Moonlight Rhapsody” collection is overflowing with gemstones, from raw opal to morganite and spessartite.
Events & AwardsJan 09, 2025
Here Is the 2025 AGTA GemFair Tucson Educational LineupThe seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.
SourcingJan 09, 2025
Reena Ahluwalia Unveils New Works in ‘Diamond Trails’ AnthologyThe artist collaborated with industry creatives on the project, which features five fictional stories and five corresponding paintings.
IndependentsJan 09, 2025
Virginia Jewelers Raise Nearly $26K for Children’s Hospital at Charity BallNine jewelers donated jewels for a raffle to support the Children’s Hospital Foundation at Virginia Commonwealth University.
WatchesJan 08, 2025
Oris Debuts Hot Pink Miss Piggy WatchMiss Piggy shared her thoughts on being fabulous, the importance of accessories, and how to be your own cheerleader.
Lab-GrownJan 08, 2025
Effy Introduces Brand Dedicated to Lab-Grown Diamonds“Promise by Effy” includes fashion jewelry and engagement rings.
IndependentsJan 08, 2025
Haltom’s Jewelers to Close After 130 YearsThe Texas-based jeweler is closing all three locations.
TrendsJan 08, 2025
Zendaya’s Engagement Ring Combines Vintage and Modern ElementsZendaya’s ring, featuring an east-west set elongated cushion-cut diamond, is said to be from British designer Jessica McCormack.
ColumnistsJan 07, 2025
The Smart Lab: The Hottest Digital Marketing Trends For 2025Micro-influencers, customer reviews, and shoppable videos are going to be key to getting customers’ attention, Emmanuel Raheb writes.
TrendsJan 07, 2025
Amanda’s Style File: January Is for GarnetGarnet is comprised of a group of minerals, giving those with a birthday in January options when it comes to their birthstone.
IndependentsJan 07, 2025
Edge Retail Academy Names 2024 ‘Wag’ Award Winner The annual award, created in memory of business coach William “Wag” Wagner, went to a retailer in Fairfax, Virginia.
SourcingJan 07, 2025
Columbia Gem House To Debut Lightning Ridge Opal CollectionThe wholesaler is partnering with Australian brand Cheal Opal on a new offering of calibrated stones.
