Tag: damiani

  • Damiani Debuts First Flagship Store in Seoul: A Taste of Italian Luxury in Korea’s Gangnam District

    Damiani Debuts First Flagship Store in Seoul: A Taste of Italian Luxury in Korea’s Gangnam District

    Damiani, the esteemed Italian jewellery manufacturer, has proudly unrolled its first flagship store in South Korea. This exciting new venture is nestled in the bustling Gangnam District of Seoul.

    The Essence of Casa Damiani Seoul

    The boutique, christened Casa Damiani Seoul, draws its inspiration from the warmth and charm of traditional Italian homes. The space has been thoughtfully designed to foster a hospitable and inviting atmosphere, where customers can explore and appreciate fine jewellery in a relaxed and comfortable setting.

    The exterior of the store is marked by a series of vertical frames that encapsulate the structure, all bathed in a sophisticated champagne-gold hue.

    The Interior Design

    Inside, the boutique boasts a distinctive selection of Italian materials. Among these are Calacatta marble, leather, and various textile finishes. The décor is further enhanced by geometric designs that are reminiscent of the Maison’s Belle Epoque collection, serving as a recurring motif throughout the interior.

    Moreover, exquisite glass creations and chandeliers, crafted by Venini—an entity within the Damiani Group—infuse an extra touch of artistry into the space.

    Celebrating the Flagship Store

    In celebration of the store’s opening, Damiani showcased the Belle Epoque Marea Cross necklace, an exquisite piece adorned with Paraiba tourmalines. The name ‘Marea’, which translates to ‘the movement of the sea’ in Italian, serves as an ode to the ocean-like hues that Paraiba tourmalines are renowned for.

    Questions & Answers

    What is the inspiration behind Casa Damiani Seoul?
    The boutique is inspired by the warmth and charm of traditional Italian homes, providing a hospitable and inviting atmosphere for its customers.

    What unique design elements are incorporated in Casa Damiani Seoul?
    The store’s design incorporates a selection of Italian materials, including Calacatta marble, leather, and textile finishes. Geometric designs inspired by the Maison’s Belle Epoque collection serve as a recurring motif.

    What is the Belle Epoque Marea Cross necklace?
    The Belle Epoque Marea Cross necklace is an exquisite piece adorned with Paraiba tourmalines. The name ‘Marea’ references the ocean-like hues for which Paraiba tourmalines are known.

  • Damiani Group Acquires Iconic Swiss Watchmaker Baume & Mercier from Richemont

    Damiani Group Acquires Iconic Swiss Watchmaker Baume & Mercier from Richemont

    Switzerland’s luxury conglomerate Richemont has transferred the ownership of the distinguished watchmaker Baume & Mercier to Damiani Group of Italy. The financial details of this transaction remain undisclosed.

    Merging Into Damiani’s Luxury Portfolio

    Following this acquisition, Baume & Mercier will integrate into Damiani’s luxury product assortment. Damiani Group’s current portfolio consists of its own brand along with Salvini, Bliss and Calderoni – all renowned jewellery brands. Additionally, it owns Venini, a glassmaking company, and Rocca, a distributor of multi-brand watches and jewellery.

    Baume & Mercier, a Swiss luxury watch company, was initially established as Frères Baume in 1830. It started operating under its present name from 1918. The brand is globally recognized for its sophisticated and high-end wristwatches that seamlessly blend traditional craftsmanship with modern aesthetics.

    Baume & Mercier was incorporated into the Richemont Group during the latter’s formative years in 1988.

    Unlocking Long-term Potential

    Richemont has expressed that Baume & Mercier’s long-term potential can be best achieved under the Damiani Group, considering the latter’s robust presence in Italy.

    Damiani intends to boost Baume & Mercier’s visibility and market penetration by utilizing its widespread multi-brand distribution network. It also plans to establish exclusive mono-brand boutiques in select strategic locations.

    Ensuring a seamless transition, Richemont will continue to offer operational services for Baume & Mercier, for a minimum period of 12 months after the deal closure.

    The transaction is poised to conclude this summer, subject to certain prerequisites.

    Richemont’s Business Areas

    Richemont’s operations span across three primary sectors – jewellery, specialist watches, and fashion and accessories. The group’s portfolio includes esteemed watchmakers such as A Lange & Sohne, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin.

    In the quarter ending on December 31, Richemont reported a sales revenue of 6.4 billion euros, marking an 11% growth at constant exchange rates.

    Questions & Answers

    What is the history of Baume & Mercier?
    Baume & Mercier was originally established as Frères Baume in 1830 and began operating under its current name from 1918. It became part of the Richemont Group in 1988.

    What are Damiani Group’s plans for Baume & Mercier?
    Damiani Group aims to enhance Baume & Mercier’s visibility and market reach by leveraging its extensive multi-brand distribution network and opening select mono-brand boutiques in strategic locations.

    What are the primary sectors of Richemont’s operations?
    Richemont operates mainly in three sectors – jewellery, specialist watches, and fashion and accessories.

  • Damiani Malaysia opens in Pavilion

    Damiani Malaysia opens in Pavilion

    Italian luxury jewellery group Damiani Malaysia has opened a boutique store in the Pavilion shopping mall in Kuala Lumpur.

    Damiani Pavilion Malaysia

    Precious materials are used in the store’s interior to create a sophisticated environment to enhance the tradition and modernity of Damiani’s jewellery. The interior features taupe satin wallpaper and bronzed brass details.

    Founded in 1924, Damiani designs, manufactures, distributes and sells jewellery and luxury watches. The company manages 55 direct and 20 franchised points of sale internationally.