The story
Founded by Gustav Fabergé in 1842, in Saint Petersburg.1
Early years
The Fabergé family's origins can be traced back to 17th-century France, under the name Favri. The Favris lived at the village of La Bouteille in the Picardy region of northern France. However, they fled the country during or shortly after 1685 because of religious persecution following the Revocation of the Edict of Nantes. An estimated 250,000 fellow Huguenots, as the movement of French Protestants was known, became refugees.
During the family's progress eastward through Europe, its name changed progressively from Favri through Favry, Fabri, Fabrier, Faberges, and then to Faberge without an accent. At Schwedt-on-Oder northeast of Berlin, in the second half of the 18th century, a Jean Favri (subsequently Favry) is known to have been employed as a tobacco planter. By 1800, an artisan called Pierre Favry (later Peter Fabrier) had settled in Pärnu, in the Baltic province of Livonia (now Estonia). A Gustav Fabrier was born there in 1814. By 1825, the family's name had evolved to "Faberge".
In the 1830s, Gustav Faberge moved to Saint Petersburg to train as a goldsmith under Andreas Ferdinand Spiegel, who specialised in making gold boxes. Later, he continued his training with the celebrated firm of Keibel, goldsmiths and jewellers to the emperors. In 1841, upon completing his apprenticeship, Fabergé earned the title of Master Goldsmith.
Later that year, he married Charlotte Jungstedt, the daughter of Carl Jungstedt, an artist of Danish origin. In 1846, the couple had a son, Peter Carl Fabergé, popularly known as Carl Fabergé.
Carl Fabergé
Carl Fabergé was educated at the Gymnasium of St Anne's. This was a fashionable establishment for the sons of the affluent middle classes and the lower echelons of the nobility, indicating the success of his father's business. Gustav Fabergé retired to Dresden in 1860, leaving the firm in the hands of managers outside of the Fabergé family while his son continued his education. The young Carl undertook a business course at the Dresden Handelsschule (trade school). Carl was sent to England to learn English, and he continued with his Grand Tour of Europe. He received tuition from respected goldsmiths in Frankfurt, France and England, attended a course at Schloss's Commercial College in Paris, and viewed the objects in the galleries of Europe's leading museums. He was also apprenticed by the jeweler Josef Friedman of Frankfurt-am-Main.
Carl returned to Saint Petersburg in 1864 and entered his father's firm. Although Carl was just 18 years old, he continued with his education and was tutored by Hiskias Pendin, the manager of the firm. He took over his father's firm in 1872. In 1881, the firm moved to larger street-level premises at Bolshaya Morskaya. Following Pendin's death in 1882, Carl was the acknowledged head of the firm. Three other significant events happened that year. He was awarded the title of Master Goldsmith. Agathon Fabergé, his younger brother by 16 years, joined the business. While Agathon's education was restricted to Dresden, he was noted as a talented designer who provided the business with fresh impetus, until his death 13 years later.
Other Fabergé creations
The House of Fabergé also stocked a full range of jewellery and other ornamental objects. There were enameled gold and silver gilt, as well as wooden photograph frames, gold and silver boxes, desk sets, walking sticks, doorbells, and timepieces. Quality was assured by every article made being approved by Carl Fabergé, or in his absence by his eldest son Eugène, before it was placed into stock. The minutest of faults would result in rejection.
2007 onwards
Fabergé UK Limited
On 3 January 2007, Pallinghurst Resources (now Gemfields), an investment advisory firm based in London and of which Gilbertson was a partner, announced that a Pallinghurst portfolio company had acquired Unilever's entire global portfolio of trademarks, licenses and associated rights relating to the Fabergé brand name for $38 million. The trademarks, licences and associated rights were acquired by a newly constituted company, Fabergé UK Limited, registered in the Cayman Islands.
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By October they announced that they intended to restore Fabergé to its position as the leading purveyor of enduring and endearing personal possessions. They also announced the reunification of the brand with the Fabergé family, in particular Tatiana Fabergé and Sarah Fabergé (both great-granddaughters of Peter Carl Fabergé). They became founding members of the Fabergé Heritage Council, a division of Fabergé UK Limited which was to offer counsel to the new company.
In September 2009, Fabergé UK Limited launched its first collection of fine jewellery. In December of that year, it opened a boutique in Geneva. By March 2010, only one of the licences initially granted by Unilever remained in existence. On 6 July 2011, the company launched two collections of egg pendants, including a dozen egg pendants. These were the first pieces to be made by a Fabergé since the family was reunited in 1917.
By November 2011, Fabergé items were being sold in the Fine Jewellery Room at Harrods in London's Knightsbridge, and later in the month, Fabergé opened a boutique on Grafton Street in the heart of London's Mayfair area. In May 2012, Fabergé opened a boutique on New York's Madison Avenue.
In 2012, Gilbertson and a related trust, Renova Group, Vekselberg, and Vladimir Kutnetsov met in court in the Cayman Islands over the original acquisition of the Fabergé brand name from Unilever. The claim by Vekselberg to obtain damages from Gilbertson was dismissed in court. The judge called the lawsuit a personal fight between Gilbertson and Vekselberg.
In January 2013, Fabergé UK Limited was sold to the gem mining company Gemfields for 142 million new shares in Gemfields plc, with a value of $90 million at completion of the transaction. After the transaction, Gilbertson, Pallinghurst and its co-investors held some 74% of Gemfields.
Accounts filed with Companies House in the UK on 25 October 2015 show that Fabergé UK Limited, the principal trading entity, lost £0.525 million for the year ending 30 June 2015. A significant spend in research and development was made during the year in respect of the new timepiece collections launched during the year. In November 2015, Fabergé won a Grand Prix d'Horlogerie de Genève award, the 'Ladies Hi Mechanical' prize.In 2015, a restaurant in Brooklyn was sued over the use of the brand name.
In 2017, the head office of Fabergé jewellery in London invited Mariana Voinova to be an ambassador to the jewellery house the same year. On 3 October 2017, they unveiled male and female ranges of fine jewellery in its advertising campaign. In 2020, Fabergé created The Emerald Isle Collection in collaboration with The Craft Irish Whiskey Co., a collection of jewellery and other items. Marcus Mohr of Victor Mayer created a 'Fabergé Egg' for the collection. The value of the collection is $2 million.
In 2025, the entrepreneur Sergei Mosunov purchased Fabergé UK Limited from Gemfields plc in a deal worth $50 million and holds the position of CEO. Mosunov stated that he planned to invest further in the company to develop pieces that reflect the quality and heritage of the House of Faberge including super luxury pieces which are contemporary and utilise on only natural diamonds, precious and semi-precious stones rather than lab-grown.
From Wikipedia’s article on House of Fabergé, shared under CC BY-SA 4.0.4
