Richemont

Compagnie Financière Richemont S.A.
TypePublic
SIXCFR
JSE: CFR
IndustryLuxury goods
PredecessorRembrandt Group Limited
FoundedGeneva, Switzerland (1988 (1988))
FounderJohann Rupert
Headquarters,
Switzerland
Area served
Worldwide
Key people
Johann Rupert (Chairman)[1]
Jérôme Lambert (Group CEO)
Products
RevenueDecrease 13.14 billion[2] (2021)
Decrease €1.48 billion[2] (2021)
Increase €1.29 billion[2] (2021)
Total assetsIncrease €35.36 billion[2] (2021)
Total equityIncrease €17.88 billion[2] (2021)
OwnerCompagnie Financière Rupert (9.1%)[1]
Number of employees
34,000 (2021[2])
Divisions
  • Jewellery Maisons
  • Specialist Watchmakers
  • Other Businesses
SubsidiariesSee article section
Websiterichemont.com

Compagnie Financière Richemont S.A., commonly known as Richemont, is a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Through its various subsidiaries, Richemont produces and sells jewellery, watches, leather goods, pens, firearms, clothing and accessories. Richemont is publicly traded as CFR on the SIX Swiss Exchange and the JSE Securities Exchange.

The brands it owns include A. Lange & Söhne, Azzedine Alaïa, Baume & Mercier, Buccellati, Cartier, Chloé, Dunhill, IWC Schaffhausen, Giampiero Bodino, Jaeger-LeCoultre, Montblanc, Officine Panerai, Piaget, Peter Millar, Purdey, Roger Dubuis, Vacheron Constantin and Van Cleef & Arpels.

As of November 2012, Compagnie Financière Richemont S.A. was the sixth-largest corporation by market capitalization in the Swiss Market Index. As of 2017, Richemont was the third-largest luxury goods company in the world after LVMH and Estée Lauder Companies.[3]

  1. ^ a b "Richemont Annual Report and Accounts 2015" (PDF). Richemont.com. Retrieved 5 June 2015.
  2. ^ a b c d e f "Annual Report 2020" (PDF). Richemont. Retrieved 12 April 2022.
  3. ^ Global Powers of Luxury Goods 2019