Renaissance Luxury Group sells its stake in Agatha to THOM Group
December 16, 2022

In December 2022, Renaissance Luxury Group (RLG) sold its stake in Agatha, an iconic French costume jewelry brand, to its partner, the THOM Group (Trésor, Histoire d'Or, Marc Orian, Stroili, Oro Vivo, etc.).
Since February 2021, RLG and THOM had joined forces to turn around this company after it was placed in bankruptcy. Despite significant losses before the takeover, estimated at more than €15 million, the commitment of RLG and THOM in this joint venture enabled Agatha to return to operating breakeven in the first year.
The turnaround strategy led by Renaissance focused on repositioning the brand and its collections, modernizing the retail network, deploying multi-brand jewelers and optimizing performance management. This approach has enabled the company to relaunch and position itself favorably for the future.
After two years of sustained efforts, Agatha is now in a position to look forward with confidence. RLG wishes Agatha and the THOM group all the best in their ambition to develop the brand in France and internationally.




