Richemont has acquired the entire stake in Italian jewelry brand Vhernier through a private transaction, with terms undisclosed and pending standard regulatory approvals. Vhernier, founded in 1984 and headquartered in Milan, is known for its sculpturally inspired designs and the use of unconventional materials like titanium and ebony alongside traditional precious metals. The acquisition is expected to have no significant financial impact on Richemont for the fiscal year ending March 2025. Vhernier becomes the 29th brand under Richemont’s luxury portfolio.