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Richemont Acquires Italian Jeweler Buccellati
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Swiss-based luxury retailer Richemont has bought high-endjeweler Buccellati from China’s Gangtai Group. Richemont, which also owns Cartier and Van Cleef &Arpels, closed the purchase of the 100% stake in the Italian jeweler...
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Retail
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Oct 02, 2019
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Rapaport News
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Diamond Ring Fetches $31K/ct. at Sotheby’s
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Sotheby’s brought in a total of $8.5 million at a New Yorkauction last week, as a 15.13-carat diamond ring more than doubled its high estimate. The pear-shaped, D-color, SI2-clarity, Marianne Ostier piecegarnered $475,000, or $31,395 per carat, against...
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Polished Markets
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Jun 10, 2019
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Rapaport News
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Chinese Group Buys Italian Luxury Jeweler
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Chinese conglomerate Gangtai Group agreed to acquire an85 percent stake in high-end jeweler Buccellati from Italian equity firmClessidra, Reuters reported.The deal valued the Milan-based jeweler at $282 million(EUR 270 million), or 6.6 times its...
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Retail
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Dec 25, 2016
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Rapaport News
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