Richemont has acquired 100 percent of the Italian jeweler Vhernier, which is known for its bold sculptural designs, from the Traglio family .
Vhernier was founded in Valenza, Italy as a goldsmith’s workshop in 1984, and is headquartered in Milan. It has been owned by the Traglio family in 2001. WWD first reportedVhernier is known for its bold gold designs inspired by the curves of the human body, and modern sculpture. The jewelry combines precious metals, gems, and materials such as titanium, bronze and ebony.
The pieces are handcrafted in the jewelry hub of Valenza, and sold through mono-brand boutiques and multi-brand stores, mainly in Europe and the U.S. In London, the brand has a flagship on the corner of Bond Street and Burlington Gardens, near The Royal Academy.said Vhernier “brings a distinguished and distinctive design, and exceptional craftsmanship” to the portfolio, adding that its “unique aesthetic perfectly complements our existing collection” of jewelry maisons.
Carlo Traglio, Vhernier’s chairman, and Maurizio Traglio, the company’s chief executive officer said in a statement: “Our distinctive jewelry maison will flourish under Richemont’s stewardship, expertise and careful nurturing.” Richemont, which plans to publish its fiscal 2024 results next week, said the transaction will have no material financial impact on its consolidated net assets or operating result for the year ending March 31, 2025.Privacy Policy
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