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. Last Updated: 07/27/2016

Faberges Get Back into the Egg Race

NEW YORK -- The Faberge family, which started making luxury goods in 19th-century tsarist Russia and were displaced by the Bolshevik Revolution, are back in business.

Faberge Ltd., which bought the brand name from Unilever in January, appointed Tatiana and Sarah Faberge to its supervisory council, the Cayman Islands-based company said in a statement. They are great-great-granddaughters of the House of Faberge founder Gustav Faberge and will oversee product development for the new business.

"I have dreamed of this moment for decades," Tatiana Faberge said in the statement.

Gustav Faberge founded the family business in St. Petersburg in 1842. It produced jewelry, tableware and Faberge Eggs until the 1917 revolution.

Naming the Faberge descendants to the board is "an invitation for the family to become part of the development of the brand," said Johannes van Niekerk, a Pallinghurst spokesman.