Cartier in the UK and across the globe
One of the most revered names in jewelry, Cartier Monde (French for "World") is also the world's largest luxury jeweler, operating nearly 200 retail stores in over 125 countries. The famed watch and jewelry House of Cartier, one of the most recognized brands in the industry, was founded in 1847, when Louis-Francois Cartier opened a small jewelry store in Paris. In the early 1900s, Cartier expanded from its Paris base into London and New York, and eventually Russia and the United States. The centerpiece of Vendome Luxury Group PLC--the subsidiary of Compagnie Financière de Richemont AG, --Cartier accounts for the greatest share of the Vendome group's annual sales, which reached US $2.38 billion in 1997, when Vendome's last reported yearly results as a public company.
The company designs, manufactures and sells a wide range of jewelry, timepieces, leather goods and accessories. The team is now led by the President and CEO Bernard Fornas. Today, the brand is the official jeweler of the Royal courts of England, Spain, Portugal, Russia, Siam, Greece, Serbia, Belgium, Romania, Egypt, Albania, Monaco and France's House of Orleans andthe preferred brand for royalty, celebrities, and social elite worldwide. The Cartier UK head office is in Bond Street, London.
Cartier is led by Allain Dominique Perrin, chief architect of the company's development for nearly 20 years. Another noted personality in the Cartier establishment is Micheline Kanoui, the company's lead designer and wife to Joseph Kanoui, chairman of the Vendome group.
Since 1984, the Fondation Cartier pour l'art contemporain has been instrumental in redefining corporate sponsorship in France. Right from the outset, the foundation has argued that contemporary art is a crucial voice in addressing the concerns of the modern world and worked to bring that art to the largest possible public.
Reflecting the fundamental values of Cartier, the 'Cartier Women's Initiative Awards' aims to support meaningful business projects that combine innovation and audacity. Launched in 2006, in partnership with the Women's Forum, the INSEAD business school and McKinsey, the Cartier Women's Initiative Awards are an international business-plan competition for female entrepreneurs who lead creative, financially sustainable and socially responsible companies. Laureates will receive one year of personalized coaching, US$ 20,000 in funding and enhanced media visibility ensured by Cartier.
Cartier also associates itself with one of the most glamorous and prestigious polo events in the British Social season; 24 July 2011 marked its 27th year as sponsor of International Day, Cartier celebrated its 150-year anniversary in 1997.