Turnover: 8.3 billion EUR (2023)
Country: France
Cartier is a luxury goods company that designs, manufactures, distributes and sells jewelry, watches, eyewear, perfumes, bags and wallets. Founded in Paris in 1847 by Louis-François Cartier, the company remained under family control until 1964. Bought by the Swiss luxury goods group Richemont in 1999, Cartier is now associated with prestigious brands such as Piaget and Vacheron & Constantin, and is now part of one of the world's largest luxury goods groups.
Cartier's jewelry division stands out for its emblematic collections, such as the Love jewelry collection (1970) and the "Secrets et Merveilles" haute joaillerie collection (2009).
In 2022, the Group's jewelry business generated sales of €11.8 billion with Buccelatti, Cartier and Van Cleef et Arpel.
News
Louis Ferla, the Frenchman who takes the reins of the jewelry icon 03/07/2024
- Vacheron Constantin: sales of just over 1.1 billion euros.
- - Van Cleef & Arpels: sales in excess of 5 billion euros.
- - Cartier: sales of 8.3 billion euros, up 6% by 2023
The Fondation Cartier sets sail 29/10/2023
- Vinci Immobilier has delivered a restructured 16,000 sq.m. three-storey building in the Louvre Saint Honoré district for Société Foncière Lyonnaise (SFL).
- The SFL-owned building comprises five floors of office space above the Fondation Cartier pour l'art contemporain. SFL has invested 85 million euros in renovating the building.
- The additional amount invested by Cartier has not been disclosed.
- The Fondation Cartier pour l'art contemporain will pay rents of 18 million euros a year for the twenty-year lease signed with SFL, extendable to 40 years.
- The Fondation Cartier has a permanent collection of 2,500 works.
- The Foundation organizes 3 to 4 international exhibitions a year and two in Paris.
Cartier strengthens its position as world leader in jewelry 13/05/2023
- Richemont achieved sales of almost 20 billion euros for the fiscal year ending March.
- Richemont's sales rose by 19%.
- Cartier sales exceeded 10 billion euros, including watches and perfumes
- Sales of Richemont's jewelry houses (Cartier, Van Cleef & Arpels, Buccellati) rose by 21% last year to 13.4 billion euros.
- Non-branded jewelry still accounts for 70% of the market.
- The Richemont group has 2,300 boutiques worldwide, including 272 for Cartier.
- Cartier opens a new factory in Italy
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