Sunday, August 16, 2009

Investments Fabergé


Fabergé was acquired by Pallinghurst Resources in January 2007.
Pallinghurst is proud to have secured this legendary brand. Although it is over ninety years since the visionary artist-jeweller - Peter Carl Fabergé - created his last masterpiece, his name remains synonymous today with artistry and craftsmanship of the highest order.
It is intended to bring those attributes back to life as part of a 21st Century interpretation of Peter Carl Fabergé’s legacy.
The Fabergé name will in the immediate future only be associated with jewellery and objets d’art, expressing the spirit of Fabergé through exquisite artistry and superlative craftsmanship.
Fabergé is now led by Mark Dunhill, the former President of Alfred Dunhill, who has built a strong management team, including Katharina Flohr as Creative Director. The Head of High Jewellery is a closely guarded secret and will be revealed in due course.
That team is now working on the revitalisation of the Fabergé name for a new era, taking inspiration from Peter Carl Fabergé’s values and creative spirit.
One of the first steps undertaken by the new team was to reunite the Fabergé brand with the Fabergé family. This was a key move in reawakening the ethos and philosophy of Peter Carl Fabergé and bringing integrity and authenticity back into the brand.
The Heritage Council, including members of the Fabergé family, has been established to advise and provide guidance on Peter Carl Fabergé and his legacy.
The brand today is driven by Peter Carl Fabergé’s original values of refined and cultivated artistry and superlative craftsmanship. As ever, Fabergé is underpinned by the relentless pursuit of excellence. Over the years, Peter Carl Fabergé collaborated with more than 40 “workmasters” (such as Henrik Wigström and Michael Perchin).
The first Fabergé collection is due to be unveiled in 2009.
History
The story of Fabergé is inextricably linked to the lives, loves and tragedy of the last Romanov Tsar Nicholas II and Tsarina Alexandra, and to the Russian Revolution that changed the course of world history. In 1917, the Russian Revolution brought a violent end not only to the Romanov dynasty but also to the House of Fabergé. The Bolsheviks seized the Fabergé workshops and their treasures, all production was closed down and Peter Carl Fabergé and his family fled from Russia. The last Fabergé masterpieces were created some 90 years ago.
In 1951 the Fabergé family suffered a setback in their attempt to reclaim their heritage when they lost the rights to use their family name in marketing Fabergé-branded designs. Protracted and expensive litigation forced on them a settlement that ceded the rights to an American corporation in return for only US$ 25,000.
History came full circle in October 2007 when Fabergé announced the reunification of the Fabergé brand with the Fabergé family. The announcement set the stage for a revitalisation of Fabergé brand based on authentic values.
Tatiana and Sarah Fabergé, granddaughter and great granddaughter of Peter Carl Fabergé, together with Fabergé expert John Andrew, make up the founding members of the Heritage Council which preserves the pursuit of excellence in the unified Fabergé brand. Géza von Habsburg, one of the world’s leading Fabergé experts, has been appointed as Curatorial Director.

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