A revived Fabergé luxury goods group will unveil the first jewel-encrusted egg since 1917, when the Fabergé family was scattered by the Bolshevik revolution in Russia.
Pallinghurst Resources LLP, which bought the rights to Fabergé last year, plans to mine the wealth of the Fabergé name by restoring the firm to its origins with the help of the Russian founder's relatives, the firm told Reuters. In recent years, the Fabergé brand has been used to market cosmetics.
The elaborate jewel and enamel Easter eggs, which have become a synonym for luxury, were designed for Russian czars and some wealthy private clients by the Fabergé company in St. Petersburg, founded in 1892 by Russian jeweller Gustav Fabergé.
Fabergé eggs can be found today in museums and private collections, and command high prices at art auctions.
"Fabergé will announce its first new collection, the first authentic, family-blessed collection since 1917, in the course of the new year," Sean Gilbertson, a partner at London-based Pallinghurst, told Reuters.
Tatiana and Sarah Fabergé, descendants of Gustav Fabergé, will sit on a council the firm says will restore the exclusive nature of the luxury-goods company, which will focus on fine jewelry and objects of art — including the new Fabergé eggs.
