Buccellati Holding Italia is an Italian
jewellery
Jewellery ( UK) or jewelry (U.S.) consists of decorative items worn for personal adornment, such as brooches, rings, necklaces, earrings, pendants, bracelets, and cufflinks. Jewellery may be attached to the body or the clothes. From a wester ...
and
watch
A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached b ...
company formed by the merger of two previous companies with existing brands ''Mario Buccellati'' and ''Gianmaria Buccellati'', which corresponded to the names and surname of two master
goldsmith
A goldsmith is a metalworker who specializes in working with gold and other precious metals. Nowadays they mainly specialize in jewelry-making but historically, goldsmiths have also made silverware, platters, goblets, decorative and servicea ...
s: father and son.
History
In 1919, Mario Buccellati opened his first enterprise and, after the establishment of stores in
Milan
Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...
,
Rome
, established_title = Founded
, established_date = 753 BC
, founder = King Romulus (legendary)
, image_map = Map of comune of Rome (metropolitan city of Capital Rome, region Lazio, Italy).svg
, map_caption ...
and
Florence
Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany Regions of Italy, region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilan ...
, began the development of his overseas business by opening a new store on
Fifth Avenue in
New York in 1954 and another in
Worth Avenue in
Palm Beach, Florida in 1958. In 1949, Mario Buccellati was commissioned to create an icon by
Pope Pius XII for
Princess Margaret to mark the extraordinary power of the first visit of a British Royal to
Vatican City
Vatican City (), officially the Vatican City State ( it, Stato della Città del Vaticano; la, Status Civitatis Vaticanae),—'
* german: Vatikanstadt, cf. '—' (in Austria: ')
* pl, Miasto Watykańskie, cf. '—'
* pt, Cidade do Vati ...
in hundreds of years. This magnificent work of art can be admired today at the
Chianciano Art Museum in
Tuscany
it, Toscano (man) it, Toscana (woman)
, population_note =
, population_blank1_title =
, population_blank1 =
, demographics_type1 = Citizenship
, demographics1_footnotes =
, demographics1_title1 = Italian
, demogra ...
.
In 1965, after the death of Mario, the management of the firm was conducted by four of his five sons. In 1971, the new brand ''Gianmaria Buccellati'' was launched by one of Mario's sons, who started a separate business from his brothers, and in 2011 came to an agreement with his relatives for the brand ''Buccellati'', then ''Buccellati Holding Italia'', reshaping the company.
In December 2016, China's Gansu Gangtai Holding Group bought a controlling 85% share in Buccellati.
In September 2019,
Compagnie Financière Richemont acquired 100% of Buccellati from Gangtai. In the same year, the Maison celebrated its hundredth anniversary since its foundation that took place in 1919 with the opening of the first boutique in Milan, Largo Santa Margherita, next to the famous La Scala Theatre. The acquisition did not have an impact on Richemont's operating results in that fiscal year.
Expansion
Gianmaria set up shops in
Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma ...
on
Place Vendome,
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
,
Moscow
Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 millio ...
,
Tokyo
Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...
,
Osaka
is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following Special wards of Tokyo and Yokohama. With a population of ...
,
Nagoya
is the largest city in the Chūbu region, the fourth-most populous city and third most populous urban area in Japan, with a population of 2.3million in 2020. Located on the Pacific coast in central Honshu, it is the capital and the most po ...
,
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
, Milan
via Monte Napoleone
Via Monte Napoleone, also spelled Via Montenapoleone, is an upscale shopping street in Milan, Italy, Europe's most expensive street (2022) and the third most expensive street in the world . It is famous for its ready-to-wear fashion and jewelry sho ...
,
Costa Smeralda
The Costa Smeralda (, ; sdn, Monti di Mola; sc, Montes de Mola) is a coastal area and tourist destination in northern Sardinia, Italy, with a length of some 20 km, although the term originally designated only a small stretch in the comm ...
,
Capri,
Elba
Elba ( it, isola d'Elba, ; la, Ilva) is a Mediterranean island in Tuscany, Italy, from the coastal town of Piombino on the Italian mainland, and the largest island of the Tuscan Archipelago. It is also part of the Arcipelago Toscano Nationa ...
,
Beverly Hills
Beverly Hills is a city located in Los Angeles County, California. A notable and historic suburb of Greater Los Angeles, it is in a wealthy area immediately southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. ...
in
Rodeo Drive
Rodeo Drive is a street in Beverly Hills, California, with its southern segment in the City of Los Angeles. Its southern terminus is at Beverwil Drive, and its northern terminus is at its intersection with Sunset Boulevard in Beverly Hills. The ...
,
Aspen
Aspen is a common name for certain tree species; some, but not all, are classified by botanists in the section ''Populus'', of the '' Populus'' genus.
Species
These species are called aspens:
*'' Populus adenopoda'' – Chinese aspen (Chin ...
and
Sydney; Gianmaria has been given several awards for his work as a goldsmith and entrepreneur. In 2011, after the trade association of the brands family, the company began to explore new markets. In 2013, the
investment fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages in ...
''Clessidra'' took over the majority of the company's capital to further expand the business through owned shops showing only the label ''Buccellati''.
Baker Tilly Revisa
Bibliography
*''Heritage Fine Jewelry & Timepieces'' by Jill Burgum, Katie Pierce Johnston and James L. Halperin
*Sylvia Luzzatto, ''Buccellati: arte senza tempo'', 5 Continents Editions, 200
*Martina Corgnati, ''Mario Buccellati: Prince of Goldsmiths'', Rizzoli International Publications, Incorporated, 199
*Martina Corgnati, ''Mario Buccellati: storie di uomini e gioielli'', Leonardo Arte, 199
*Vincent-Emmanuel Ragot, ''Buccellati'', Perseus Distribution Services, 200
*Maria Cristina Buccellati, ''Buccellati: arte in oro, argento e gemme'', Skira, 200
*M. Mosco, ''Art of jewelry and artists' jewels in the 20th century'', Giunti, 2001, pp. 20–21 and 168-179
*M. Amari, ''I musei delle aziende'', FrancoAngeli, 2001, pp. 239–242
*A. Mazzuca, ''I numeri uno del made in Italy'', Baldini Castoldi Dalai, 2005, pp. 66–67
*A. Testa, M. Garbuglia, ''Profilo Italia: Un Certo Stile Made in Italy'', Berenice, 1990, pp. 150–153
*M. Di Lorenzo, "Da Roma a New York l'impero del Principe dei gioiellieri", in ''Il Parlamento italiano'', VII (1959), n. 3–4, pp. 42 ss.;
*R. Bossaglia, "I gioielli di Gabriele D'Annunzio", in ''Bolaffi Arte'', November 1977, n. 74, suppl., pp. 40–47
Notes
External links
* {{Official website, http://www.buccellati.com
webencyclopedia
Macklowe Gallery
Companies based in Milan
Jewellery companies of Italy
Jewellery retailers of Italy
Watch manufacturing companies of Italy
Luxury brands
2016 mergers and acquisitions