In Rome, water cavorts across courtyards, cascades through aqueducts, bursts from the mouths of stone gods, and pirouettes from ledges with such theatrical flourish that it feels directed by a stylish deity. As part of Fendi’s centenary celebrations this year, Delfina Delettrez Fendi, the house’s artistic director of jewelry, has channeled that baroque bravura into Eaux d’Artifice, a collection that glimmers with movement, illusion, and the surreal lyricism of the Eternal City’s fountains.

The name isn’t incidental. Eaux d’Artifice pays homage to Kenneth Anger’s obscure 1953 short film of the same name. Shot in the misty fountains of Villa d’Este (the estate near Rome, not the hotel in Lake Como), the experimental 13-minute film has long had a devoted following among cineasts and occultis

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