It was founded by Daniel Swarovski who, in 1892, invented a machine that could cut crystal. The company is still run by fourth and fifth-generation descendants of the founder. She set about turning it into the fashion icon it is today. Its crystal jewelry stones are now used in haute couture, jewelry, lighting, interior design, cosmetic products and crystal chandeliers are undergoing a renaissance. As well as making branded luxury items, the company also manufactures precision optical instruments, grinding tools and other industrial goods. The Swarovski Crystal Company was founded in 1895 by Daniel Swarovski of Georgenthal, Bohemia, who invented and patented a crystal-cutting machine. Here is the history of that company.
Daniel Swarovski opened his company when he moved from Bohemia and settled in Wattens, Tyrol. The company began making crystals for formal evening wear. The Early Twentieth Century Swarovski started a hydro-electric plant in 1907. A year later, his three sons, Friedrich, Wilhelm and Alfred, joined the company and began experimenting with making and cutting crystals.
In 1913, the company achieved the perfect crystal--one without flaws. They sold these to the fashion industry. Despite the fall of the Astro-Hungarian Empire during World War I, the Swarovski company managed to stay in business. Swarovski introduced grinding wheels in 1919.
Crystals sewn onto fabric ribbon, called trimmings, were developed during this time. The company also expanded its reach into non-fashion related areas like telescopes and binoculars. Daniel Swarovski died in 1936.
The Swarovski Company is managed by Daniel's descendants. Today, the company is known for its crystals as well as for its jewelry and collectible figurines.
