Chaumet: Difference between revisions
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Revision as of 15:09, 23 July 2021
Chaumet is a Parisian jeweler and watchmaker founded in 1780 and continuing today as part of LVMH
History
Chaumet was founded in Paris in 1780 by Marie-Etienne Nitot. The company produced its first wristwatch in about 1811, but is mainly a jewelry brand to this day.
Chaumet was instrumental in restarting the Breguet brand. The Chaumet brothers acquired the name in the early 1970s, re-launching the company and releasing new watches late in the decade. In 1987, Breguet was acquired by investment group Investcorp and Chaumet itself was acquired soon after.
Chaumet was divested to LVMH in 1999 along with Ebel for $460 million. Breguet would go to Swatch Group that same year.