Buccellati Holding Italia S.p.A. is an Italian jewellery and watch company. It was formed in 2011 through the merger of two previous luxury brands, Mario Buccellati and Gianmaria Buccellati, the names of two master goldsmiths who were father and son. The company is a wholly owned subsidiary of the Swiss holding company Richemont.
History
In 1919, Mario Buccellati opened his first enterprise. After the establishment of stores in Milan, Rome and Florence, he began the development of overseas business by opening a new store on Fifth Avenue in New York (in 1954) and another store on Worth Avenue in Palm Beach, Florida (in 1958). In 1949, Mario Buccellati was commissioned to create an icon by Pope Pius XII for Princess Margaret to mark the extraordinary event of the first visit by British royalty to Vatican City in hundreds of years. This work of art can be admired today at the Chianciano Art Museum in Tuscany.[1]
In 1965, after the death of Mario, the management of the firm was conducted by four of his five sons.[2]