The luxury Vendôme group, now Richemont, purchased the Piaget Manufacture in 1988. In the 1990s, several new collections were launched: Possession, Tanagra, Limelight and Miss Protocole with its interchangeable straps. Regarding watches, Piaget brought out the Altiplano model and in 1999 reinvented one of their classics, the Emperador line. Watchmaking was regrouped in one collection: Black Tie.
In 2001, a new Piaget Haute Horlogerie manufacture was opened in Plan-les-Ouates, just outside Geneva. The movements continued to be produced at La Côte-aux-Fées, the family’s historic birthplace. The new building grouped together over 40 professions in the fields of watchmaking and jewellery. The same year, Piaget added a youthful touch to the Polo watch from the 1970s and launched the Magic Reflections collection. The Manufacture developed several lines of mechanical movements and in 2002 brought out the first Piaget Manufacture tourbillon movement, the Calibre 600P, the thinnest tourbillon in the world with 3.5 mm thickness. In 2004, Piaget celebrated the 130th anniversary of their creation.
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