Business: Nonfamily Reunion

Few names glitter so dazzlingly in the jewelry business as Cartier, but for decades relations among independent Cartier houses in Paris, London and New York City have been as flawed as a bargain-basement diamond. Around the turn of the century, rather like a cutter splitting a precious stone, three grandsons of Founder Louis Cartier decided to go their separate ways in the three great capitals of chic, and what they got was an exceedingly lopsided split. Cartier Ltd. in London maintained close ties with Paris' Cartier S.A., which clung to classic haute joaillerie...

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