Fine Jewelry

A jewel has to survive a century on a wrist, which is a different design brief from surviving a season on a shoulder. Fifteen houses file here, drawn from eight countries — more origins than any other room in this register, because a stone, a setting and a mine are rarely in the same place.

Jewellery was the category that grew in 2026 while fashion contracted. Richemont's Jewellery Maisons, the division that holds Cartier, grew 14% at constant rates in the year to 31 March 2026 at a 30.5% operating margin. Gold and a love-bracelet occasion do not care about a logo cycle. LOVE, Juste un Clou and Santos do a kind of work a seasonal runway cannot: they attach a date to a wrist, and a date does not go out of fashion.

Tiffany still owns the American proposal. Inside LVMH it was the fastest-growing American brand in Brand Finance 2026 Apparel 50, up 16% to about $8.7 billion, because the engagement-ring occasion did not get the memo about quiet luxury. Van Cleef & Arpels owns the story instead of the occasion: the Mystery Set, the Alhambra, the ballet. Limited100's Luxury Brand Index for 2025 Q4 placed it eighth of the hundred brands it ranks, the highest-placed jewellery house on that table.

At the other end of the room are the houses that are mostly a claim about history. Boucheron says it was the first jeweller on the Place Vendôme; the register prints that as the house's own account, because that is what it is. Chaumet has Napoleonic tiaras and an Empire vocabulary. Fabergé has an origin in imperial Russia and, since 2025, an owner that is neither Russian nor a miner.

Founding years here run 1780 to 1980 — two centuries in which the only constant was that somebody had to cut the stone.