Company Overview
Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company that stands as one of the world's leading luxury conglomerates. Founded in 1988 by South African businessman Johann Rupert, Richemont has evolved from a spin-off of mining and tobacco interests into a premier portfolio of the world's most prestigious luxury brands. Through its various subsidiaries, the company produces and sells jewellery, watches, leather goods, pens, firearms, clothing, and accessories, serving discerning customers in over 100 countries.
Richemont operates through three distinct business areas: Jewellery Maisons featuring Cartier, Van Cleef & Arpels, and Buccellati; Specialist Watchmakers including IWC Schaffhausen, Jaeger-LeCoultre, Vacheron Constantin, and Piaget; and Fashion & Accessories Maisons such as Montblanc, Chloé, and Dunhill. The company's strategy centers on preserving the heritage, craftsmanship, and creative independence of each Maison while providing shared services and expertise. As of 2024, Richemont's revenue was primarily generated from Jewelry Maisons (67%), with Cartier and Van Cleef & Arpels as major contributors, Specialist Watchmakers (20%), and Fashion & Accessories brands (13%).
Headquartered in Geneva, Switzerland, and listed on both the Swiss and Johannesburg stock exchanges, Richemont maintains a strong family-oriented culture under the Rupert family's 51% controlling stake. The company employs over 38,900 people representing more than 130 nationalities across 36 locations worldwide. With a trailing 12-month revenue of $23 billion and a market capitalization making it the fourth-largest corporation in the Swiss Market Index, Richemont continues to drive sustainable growth through strategic acquisitions, digital transformation, and unwavering commitment to exceptional craftsmanship.
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Richemont is an emerging player bringing innovative solutions to the Luxury Goods market.
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