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Richemont

For other uses, see Richemont (disambiguation).
Compagnie Financière Richemont S.A.
Company typePublic (Société Anonyme)
IndustryLuxury goods
PredecessorRembrandt Group Limited
Founded1988 (1988) in Geneva, Switzerland
FounderJohann Rupert
Headquarters
Bellevue
,
Switzerland
Area served
Worldwide
Key people
Johann Rupert (Chairman)
(Group CEO)
Products
RevenueIncrease €19.95 billion[1] (2023)
Increase €5.031 billion[1] (2023)
Decrease €0.301 billion[1] (2023)
Total assetsIncrease €40.89 billion[1] (2023)
Total equityDecrease €19.02 billion[1] (2023)
OwnerCompagnie Financière Rupert (Rupert family) (10% equity, 51% voting power)[1]
Number of employees
33,959[1] (2023)
Divisions
  • Jewellery Maisons
  • Specialist Watchmakers
  • Other Businesses
SubsidiariesSee § Subsidiaries
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[2] and the JSE.[3]

The brands it owns include A. Lange & Söhne, Alaïa, AZ Factory, Baume & Mercier, Buccellati, Cartier, Chloé, Delvaux, Dunhill, IWC Schaffhausen, Jaeger-LeCoultre, Montblanc, Mr Porter, Net-a-Porter, Panerai, Piaget, Peter Millar, Purdey, Roger Dubuis, Serapian, The Outnet, TimeVallée, Vacheron Constantin, Van Cleef & Arpels, Watchfinder & Co., and Yoox.

As of 2017, Richemont was the third-largest luxury goods company in the world after LVMH and Estée Lauder Companies.[4] As of October 2023, Compagnie Financière Richemont S.A. was the sixth-largest corporation by market capitalization in the Swiss Market Index.[5]

  1. ^ a b c d e f g "Annual Report and Accounts 2023" (PDF). Richemont. Retrieved 27 November 2023.
  2. ^ "RICHEMONT N". SIX Group. Retrieved 30 November 2023.
  3. ^ Last, First. "List of companies with secondary listings on the JSE (as at 30 June 2023)" (PDF). South African Reserve Bank. Retrieved 30 November 2023.
  4. ^ Global Powers of Luxury Goods 2019
  5. ^ Cite error: The named reference SMI fact sheet was invoked but never defined (see the help page).