'Majestic' Tiaras of Josephine Bonaparte Sold in UK

The elaborate jewel-encrusted tiaras are thought to have belonged to the French empress Josephine Bonaparte. Daniel LEAL AFP
The elaborate jewel-encrusted tiaras are thought to have belonged to the French empress Josephine Bonaparte. Daniel LEAL AFP
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'Majestic' Tiaras of Josephine Bonaparte Sold in UK

The elaborate jewel-encrusted tiaras are thought to have belonged to the French empress Josephine Bonaparte. Daniel LEAL AFP
The elaborate jewel-encrusted tiaras are thought to have belonged to the French empress Josephine Bonaparte. Daniel LEAL AFP

A pair of "highly rare" centuries-old headpieces encrusted with jewels and believed to have belonged to the French empress Josephine Bonaparte sold at auction in London Tuesday for nearly £600,000 ($795,000, 710,000 euros).

The two tiaras -- offered from a private British collection dating back at least 150 years -- are thought to have been given to Napoleon Bonaparte's wife by his sister Caroline early in the 19th century, according to Sotheby's.

Both headpieces, each part of a parure -- a set of matching jewelry designed to be worn together -- are set with gemstones engraved with classical heads, several of which are possibly ancient, the auction house said.

The more ornate of the duo -- comprising carnelian, enamel and gold -- fetched £450,600, while the other sold for £126,000, as part of a "Treasures" sale of various valuable and rare items.

"These majestic jewels mounted with cameos and intaglios certainly evoke the style of the grand Empress Josephine -- her rank as wife of Napoleon Bonaparte, her impeccable taste and her interest in the classical world," said Kristian Spofforth, of Sotheby's.

"The jewels offered here demonstrate the finest delicate work by the finest French workshops, and, today, there are hardly any comparable pieces in the world.

"When fashions changed, jewelry was broken up and re-modelled, making their survival a truly exceptional one."

Josephine Bonaparte was likely given just the engraved gems, which Sotheby's said were a possible combination of Roman examples dating back to as early as 100 BC as well as more contemporary Italian engravings.

The auctioneers believe the jewels were then mounted for her in the French capital in around 1808 in the neo-classical style, citing marks on the crowns pointing to Paris and its famed goldsmiths of the age.

They were believed to endow the wearer with their various depicted qualities such as heroism, faithfulness and love, all while blazing a trail in the fashion world of the day.

"By being the first to incorporate these cameos and intaglios into her dress, wearing them side by side with pearls and diamonds, she created an entire new fashion that swept Paris and the world, based on neo-classical forms," explained Spofforth.

No details were immediately released Tuesday on the identity of the buyers.

Sotheby's said the tiaras were possibly acquired from Josephine or her estate by British landowner, art collector and politician Edward Lascelles, and then passed on to his descendants.



Uniqlo Operator Posts Higher Q1 Profit Despite Sluggish China Results

(FILES) This general view shows the latest flagship store to open by Fast Retailing clothing brand Uniqlo, in the Shinjuku district of central Tokyo on November 14, 2024 (Photo by Richard A. Brooks / AFP)
(FILES) This general view shows the latest flagship store to open by Fast Retailing clothing brand Uniqlo, in the Shinjuku district of central Tokyo on November 14, 2024 (Photo by Richard A. Brooks / AFP)
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Uniqlo Operator Posts Higher Q1 Profit Despite Sluggish China Results

(FILES) This general view shows the latest flagship store to open by Fast Retailing clothing brand Uniqlo, in the Shinjuku district of central Tokyo on November 14, 2024 (Photo by Richard A. Brooks / AFP)
(FILES) This general view shows the latest flagship store to open by Fast Retailing clothing brand Uniqlo, in the Shinjuku district of central Tokyo on November 14, 2024 (Photo by Richard A. Brooks / AFP)

The operator of the Uniqlo global clothing chain reported first quarter results on Thursday that trailed analyst forecasts as a sharp decline in profit in China overshadowed strong sales in its home market of Japan, Reuters reported.

Fast Retailing said operating profit rose 7.4% to 157.6 billion yen ($996.84 million) in the three months through November from a year earlier. That was slightly below a LSEG consensus forecast of 160 billion yen drawn from six analysts.

Fast Retailing maintained its full-year operating profit forecast of 530 billion yen, on course for a fourth year of record earnings.

Known for inexpensive, durable fleeces and cotton shirts, Fast Retailing has long been regarded as a bellwether for consumer spending in Japan and more recently China, where it has more than 900 Uniqlo stores on the mainland.

Domestic sales have gotten a boost from a surge in duty-free shopping amid a tourism boom in Japan fueled by a weak yen.
But sales growth has cooled in China, prompting the company to scale back store openings and adopt a scrap-and-build strategy to turn around underperforming locations with redesigned stores.

Improved profit margins and international brand awareness helped drive the previous year's record results. But the company remains vulnerable to change in weather and fashion tastes.

Japanese sales were boosted by cold weather in December that increased demand for thermals, but in China, unseasonably warm temperatures resulted in flat sales in October and November, the company said.

Results were also strong in North America and Europe where Fast Retailing is mounting an aggressive expansion strategy to fulfil its aim to become the world's No. 1 clothing brand. In the southern United States, it opened five Uniqlo stores in Texas in October alone.
In its home market, it has also become a pacesetter for wages in the service industry.

Keen to retain good workers, Fast Retailing said on Wednesday it will institute an aggressive increase in employee pay in Japan - one that follows on from a hike in 2023 that helped shake up the nation's long moribund wage outlook.

Wages for full-time headquarters and sales staff will rise by as much as 11% from March, while annual salaries for new employees will increase by about 10%, the company said.