Baccarat is a French luxury crystal manufacturer founded in 1764 in the town of Baccarat, Lorraine, France, by authorization of King Louis XV. The company is owned by Fortune Fountain Capital, a Chinese investment fund that acquired a majority stake in 2005. Baccarat has maintained continuous crystal production at its original Lorraine factory for over 260 years, making it one of the oldest continuously operating luxury manufactures in the world. The company produces crystal tableware, drinkware, vases, decorative objects, chandeliers, lighting fixtures, jewelry, and fragrance bottles. Baccarat crystal is recognized for its exceptional clarity, weight, and light-refracting properties, achieved through a lead crystal composition containing a minimum of 30 percent lead oxide. The brand's signature products include the Harcourt glass collection, first created in 1841 and still in production, the Massena collection, and the Mille Nuits line. Baccarat chandeliers are installed in palaces, embassies, hotels, and cultural institutions worldwide, including the Palace of Versailles, the Kremlin, and numerous heads-of-state residences. The company also operates the Baccarat Hotel in New York, which serves as both a hospitality venue and a showcase for the brand's products. Baccarat distributes through its own boutiques in major cities, high-end department stores, and authorized retailers. The brand occupies the ultra-luxury tier of the crystal and decorative arts market.
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