Orest Abysse Group (LVMH): The latest figures, news and market research on Orest Abysse Group (LVMH)

Turnover: 150 million EUR (2023)

Country: France

Founded in 1963, the Orest Group is an internationally renowned independent jewelry designer and manufacturer.
A major player in the jewelry market, we support the major houses in the development of their small and medium-sized jewelry products.
The French leader in the wedding market.
650 employees
Acquisition of Abysse in 2022
Founded in 1982, Abysse is the French market leader in the design and manufacture of high-end jewelry pieces.
Abysse generates sales of nearly €30 million.
Orest consolidates its position as European leader in jewelry production, with sales of almost €140 million.
The new group is acquired by LVMH in 2023

Orest, LVMH jeweller, invests €7.5m in a new site at Saint-Dié-des-Vosges 07/03/2024

The ETI employs 750 people and expects sales of 110 million euros by 2023.
The company produces 7,000 diamonds a day.
Sales have been growing at an average rate of +15% per year for the past seven years.
The company, which is owned by Platinum Invest, produces jewelry in a price range from 1,000 euros to 50,000 euros each.
The Platinum Invest holding company, which employs a total of 1,000 people, is aiming for sales of 150 million euros in 2023.
Platinum Invest was acquired by LVMH in September 2023.

LVMH acquires a new jewellery subcontractor 14/04/2023

Acquisition of Platinum Invest by LVMH on April 13. Includes two French producers, Orest and Abysse.
Objective: to increase the production capacity of Tiffany & Co, a jeweler owned by LVMH since 2019.
Platinum Invest has nearly 800 craftsmen and employees in France.
Five workshops located in the Grand Est region.
Tiffany & Co is expected to exceed $1 billion in recurring operating income.
By 2021, Tiffany & Co's valuation estimated at nearly $4.6 billion.

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