The Prestige Edit

Damiani Group

2 articles

Damiani Group representatives and Richemont executives finalize the acquisition of the historic Baume & Mercier watch brand in a formal setting.
Watches & Jewelry

Damiani Group Buys Baume & Mercier Watch Brand From Richemont

After months of anticipation, the Damiani Group has officially taken full ownership of the 193-year-old luxury watch brand Baume & Mercier, marking a significant shift in the high-end timepiece ma

Henry Caldwell·July 10, 2026
Interior of a luxury jewelry store showcasing expensive necklaces and rings, with a subtle atmosphere of financial concern.
Watches & Jewelry

Damiani Expands with Acquisitions Amidst Financial Pressures

Despite projecting annual revenues exceeding €400 million for fiscal 2025-26, luxury jeweler Damiani Group recently swung to a net loss in its first quarter, according to FashionNetwork and Reuters .

Henry Caldwell·April 10, 2026