Cartier (jeweler)

Société Cartier
Subsidiary
Industry
  • Jewellery manufacturing
  • Watchmaking
  • Retailing
Founded Paris, France
(1847 (1847))
Founder Louis-François Cartier
Headquarters Paris, France
Area served
Worldwide
Key people
Cyrille Vigneron, CEO
Revenue Increase $ 6.1 billion (2016)[1]
Parent Richemont
Website cartier.com

Société Cartier (/ˈkɑːrti./; French: [kaʁtje]) is a French luxury goods conglomerate company. The company designs, manufactures, distributes and sells jewellery and watches. Founded in Paris, France in 1847 by Louis-François Cartier, the company remained under family control until 1964. The company maintains its headquarters in Paris and is now a wholly owned subsidiary of the Compagnie Financière Richemont SA.

Cartier is well known for its jewellery and wrist watches, including the "Bestiary" (best illustrated by the Panthère brooch of the 1940s created for Wallis Simpson), the diamond necklace created for Bhupinder Singh the Maharaja of Patiala and the "Santos" wristwatch of 1904.

Cartier has a long history of sales to royalty and celebrities. [2] For example, Kate Middleton: the Duchess of Cambridge, has been seen wearing the Cartier Ballon Bleu timepiece.[3] King Edward VII of England referred to Cartier as "the jeweller of kings and the king of jewellers."[4] For his coronation in 1902, Edward VII ordered 27 tiaras and issued a royal warrant to Cartier in 1904.[5][6] Similar warrants soon followed from the courts of Spain, Portugal, Russia, Siam, Greece, Serbia, Belgium, Romania, Egypt, Albania, Monaco, and the House of Orleans.[7]

History

Family ownership

Louis-François Cartier founded Cartier in Paris in 1847 when he took over the workshop of his master.[8] In 1874, Louis-François' son Alfred Cartier took over the company, but it was Alfred's sons Louis, Pierre and Jacques, who were responsible for establishing the brand name worldwide.

Cartier Santos - steel/gold from 1988

In 1904, the Brazilian pioneer aviator, Alberto Santos-Dumont complained to his friend Louis Cartier of the unreliability and impracticality of using pocket watches while flying. Cartier designed a flat wristwatch with a distinctive square bezel. This watch was liked by not only Santos-Dumont but also many other customers. Thus the "Santos" was born. This was Cartier's first men's wristwatch.[9]

Mackay emerald and diamond necklace, 168 carats Muzo, Colombia, 1931.

Louis retained responsibility for the Paris branch, moving to the Rue de la Paix in 1899. He was responsible for some of the company's most celebrated designs, like the mystery clocks[10] (a type of clock with a transparent dial and so named because its mechanism is hidden[11]), fashionable wristwatches and exotic orientalist Art Deco designs, including the colorful "Tutti Frutti" jewels.

In 1907, Cartier signed a contract with Edmond Jaeger, who agreed to exclusively supply the movements for Cartier watches. By this time, Cartier had branches in London, New York and St. Petersburg and was quickly becoming one of the most successful watch companies in the world. The Baignoire and Tortue models (both of which are still in production today) were introduced in 1912, followed by the Tank model in 1917. This, designed by Louis Cartier, was inspired from the newly introduced tanks on the Western Front. This line too has survived, with over thirty varieties made since.

In the early 1920s, Cartier formed a joint company with Edward Jaeger (of Jaeger-LeCoultre) to produce movements solely for Cartier. Thus was the European watch and clock company born, although Cartier continued to use movements from other makers. Cartier watches can be found with movements from Vacheron Constantin, Audemars Piguet, Movado and LeCoultre. It was also during this period that Cartier began adding its own reference numbers to the watches it sold, usually by stamping a four-digit code on the underside of a lug. Jacques took charge of the London operation and eventually moved to the current address at New Bond Street.

Pierre Cartier established the New York City branch in 1909, moving in 1917 to 653 Fifth Avenue, the Neo-Renaissance mansion of Morton Freeman Plant (son of railroad tycoon Henry B. Plant) and designed by architect C.P.H. Gilbert. Cartier acquired the mansion from the Plants in exchange for $100 in cash and a double-stranded natural pearl necklace valued at the time at $1 million.[12]

Among the Cartier team was Charles Jacqueau, who joined Louis Cartier in 1909 for the rest of his life, and Jeanne Toussaint, who was Director of Fine Jewellery from 1933. After the death of Pierre in 1964, Jean-Jacques Cartier (Jacques's son), Claude Cartier (Louis's son), and Marionne Claudelle (Pierre's daughter) who respectively headed the Cartier affiliates in London, New York and Paris sold the businesses.

Post-family ownership

In 1972, a group of investors led by Joseph Kanoui bought Cartier Paris. President Robert Hocq, who created the phrase "Les Must de Cartier" (a staff member is said to have said "Cartier, It's a must!"[8] meaning something one simply must have) with Alain Dominique Perrin, General Director, began introducing new products. In 1974 and 1976 respectively, the group repurchased Cartier London and Cartier New York. In 1979, the Cartier interests were combined, "Cartier Monde" uniting and controlling Cartier Paris, London and New York.

Cartier merged in 1981 with "Les Must de Cartier", and Perrin was appointed Chairman of Cartier SAA and Cartier International. The next year, Micheline Kanoui assumed responsibility for jewellery design and launched her first collection "Nouvelle Joaillerie". In 1984, Perrin founded the "Fondation Cartier pour l'art Contemporain" (the Cartier Foundation of Contemporary Art) to bring Cartier into the twenty-first century, by forming an association with living artists.

In 1986, the French Ministry for Culture appointed Perrin head of the "Mission sur le mécénat d'entreprise" (a commission to study business patronage of the arts). Two years later, Cartier acquired a majority holding in Piaget and Baume & Mercier. In 1989/1990 the Musée du Petit Palais staged the first major exhibition of the Cartier collection, "l'Art de Cartier".[13]

Perrin founded an international committee in 1991, Comité International de la Haute Horlogerie, to organise its first salon, held on 15 April 1991. This has become an annual meeting place in Geneva for professionals. The next year, the second great exhibition of "l'Art de Cartier" was held at the Hermitage Museum in St Petersburg. In 1993, the "Vendôme Luxury Group" was formed as an umbrella company to combine Cartier, Alfred Dunhill, Montblanc, Piaget, Baume & Mercier, Karl Lagerfeld, Chloé, Sulka, Hackett, Seeger.[14]

In 1994, the Cartier Foundation moved to the Rive Gauche and opened a headquarters in a building designed for it by Jean Nouvel. Following the accidental death of Robert Hocq in December of that year, his sister, Brigitte Hocq, became chairman. Joseph Kanoui became vice president of Cartier Monde. The next year, a major exhibition of the Cartier Antique Collection was held in Asia. In 1996, the Lausanne Hermitage Foundation in Switzerland hosted the exhibition "Splendours of the Jewellery", presenting a hundred and fifty years of products by Cartier. As of 2012, Cartier is owned, through Richemont, by the South African Rupert family and 24-year-old who is the granddaughter of Pierre Cartier, Elle Pagels.

Retail stores

Champs-Élysées store in Paris
Cartier is in the former Morton F. Plant House on Fifth Avenue in New York
Cartier on Mexico City's Avenida Presidente Masaryk

Cartier operates more than 200 stores in 125 countries, with three Temples (Historical Maison) world-wide:

In September 2008, Cartier opened its first flagship store in Seoul, South Korea, named Cartier Maison located in Cheongdam-dong, Gangnam-gu, with its facade inspired by Korean Bojagi wrapping cloth. Helmed by Managing Director Philippe Galtie, he said at the time of opening that it was the seventh largest in the world.[15][16] In 2015, Cartier opened a shop in the newly developed River Oaks District,[17] in Houston.[18]

Products

Jewellery

By Collections

Categories

Watches

Cartier Panthere lady's 2 tone watch.

Cartier has developed many different watches. The classic collections are:

Men's Watches

Women's Watches

Fashion accessories

Leather goods

Eyewear

Fine objects

Perfumes

Timeline

List of Managing Directors

Website blocking

In October 2014 the first blocking order against trademark infringing consumer goods was passed against the major UK ISPs by Richemont, Cartier International and Montblanc to block several domains selling trademark infringing products.[45]

See also

References

  1. Cartier Annual Report 2016
  2. Menkes, Suzy (2006-01-10). "A ball for the 'king of jewellers'". The New York Times. Retrieved 2012-03-14.
  3. Adams, Ariel. "Kate Middleton Wears Cartier Ballon Bleu Watch". Retrieved 2016-08-31.
  4. Prat, Véronique (2009-08-28). "Les joyaux de Cartier exposés dans la Cité interdite" [Cartier jewels set in the Forbidden City] (in French). Retrieved 2012-03-14.
  5. "Rock star". Time. 2004-09-14. Retrieved 2012-03-14.
  6. "Cartier through time - 1904". Archived from the original on 2012-01-10. Retrieved 2012-03-14.
  7. "Cartier - warrant, certificates, hallmarks". Archived from the original on 2012-01-24. Retrieved 2012-03-14.
  8. 1 2 "Cartier - History". Archived from the original on 2007-10-16. Retrieved 2008-03-09.
  9. "History of the Pilot Watch Part I – Cartier Santos 1904". Retrieved 2014-10-01.
  10. "Cartier - The mystery clocks". Archived from the original on 2008-01-26. Retrieved 2008-03-09.
  11. "Roger Russell's Mystery Clock History Page". Retrieved 2008-03-09.
  12. Dunlap, David (2000-04-26). "Commercial Real Estate; Cartier Spruces Up to Show Off Its Jewels in Style". New York Times. Retrieved 2008-03-09.
  13. "Petit Palais Museum Website". Retrieved October 19, 2016.
  14. "Vendôme Luxury Group plc History". Funding Universe. Retrieved 2013-02-26.
  15. Garcia, Cathy Rose A. (28 September 2008). "Cartier Opens Flagship Store in Cheongdam". Korea Times. Retrieved 9 March 2013.
  16. Baxter, Kevin (20 July 2015). "FIFA's Jeffrey Webb secures bond using luxury watches, cars". Los Angeles Times. Retrieved 2015-11-13.
  17. Houston Chronicle
  18. Cartier at River Oaks District
  19. Skolnik, Lisa (23 November 1999). "Field Museum Exhibit Romances The Stones". Chicago Tribune. Chicagotribune.com. Retrieved 2013-03-26.
  20. 1 2 "City of New York names Fifth Avenue & 52nd Street Place de Cartier" (Press release). Europastar.com. 1 September 2003. Retrieved 2013-03-26.
  21. https://beta.companieshouse.gov.uk/officers/daVC_Biq4Qe2PQjPoNexmb4vlo8/appointments
  22. https://beta.companieshouse.gov.uk/officers/z4fSvOo4krs6h8NYjWx6vrqIqvY/appointments
  23. https://www.companiesintheuk.co.uk/director/6438892/francois-le-troquer
  24. https://beta.companieshouse.gov.uk/officers/DNXhnbf3v1sJ05ugb-ZC3vjGON0/appointments
  25. https://beta.companieshouse.gov.uk/officers/C9e6mqfR36V6AFL7QY9dTmDXylY/appointments
  26. https://beta.companieshouse.gov.uk/officers/OwqiLhM7cDYPe5RzxsNDjG7DUV4/appointments
  27. https://beta.companieshouse.gov.uk/officers/6nMMdZoofTdUtjzoLDwoctUM4mQ/appointments
  28. https://beta.companieshouse.gov.uk/officers/89gkIXQYtlAyO1c1y2B376G6VF4/appointments
  29. https://beta.companieshouse.gov.uk/officers/l4XUOjrDBKTV-4mE1Z9sAMkQBwE/appointments
  30. https://beta.companieshouse.gov.uk/officers/FxJolUHJTBYpdIYOk41kD-n2B-8/appointments
  31. https://beta.companieshouse.gov.uk/officers/kE7nQNbLI8ZHhWGDZe8_bpbbZOQ/appointments
  32. https://beta.companieshouse.gov.uk/officers/KXWNyqMKSd-ASb5PgyksaGZXbjE/appointments
  33. https://beta.companieshouse.gov.uk/officers/D22ipiOX72kSIzQRr68E7tnFYN0/appointments
  34. https://beta.companieshouse.gov.uk/officers/spDzFZjwea7YNd7gukhPkzBQo1s/appointments
  35. https://beta.companieshouse.gov.uk/officers/Z87IOFdbMRHkgeTCF66LhqbdWvQ/appointments
  36. https://beta.companieshouse.gov.uk/officers/FhnGFb7vvVa8N7OA5SSI20qyjkQ/appointments
  37. https://beta.companieshouse.gov.uk/officers/DjrW48dh_xhreHwjmvTBWihApzw/appointments
  38. https://beta.companieshouse.gov.uk/officers/qO97oxLB9R0PX-IajtfZKCNWGFM/appointments
  39. https://beta.companieshouse.gov.uk/officers/QYq9eYxtwf5BKtasoUQGlEfEySA/appointments
  40. https://beta.companieshouse.gov.uk/officers/nCW6-_O4s3GjAxX7hmIl8szKCrY/appointments?page=2
  41. https://beta.companieshouse.gov.uk/officers/0CLwOCUzaBzmN6YjVVEf7W3r0bM/appointments
  42. https://beta.companieshouse.gov.uk/officers/q44ZuZrApNUXIW5Z9kYAtlUfCng/appointments
  43. Little, Trevor. "Landmark judgment handed down in dispute between Richemont and ISPs". Retrieved 17 October 2014.

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