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Richemont information


Compagnie Financière Richemont S.A.
Company typePublic (Société Anonyme)
Traded as
  • SIX: CFR
  • JSE: CFR
  • SMI component
IndustryLuxury goods
PredecessorRembrandt Group Limited
Founded1988; 36 years ago (1988) in Geneva, Switzerland
FounderJohann Rupert
Headquarters
Bellevue
,
Switzerland
Area served
Worldwide
Key people
Johann Rupert (Chairman)
(Group CEO)
Products
  • Watches
  • jewellery
  • leather goods
  • pens
  • firearms
  • clothing
  • accessories
RevenueIncrease €19.95 billion[1] (2023)
Operating income
Increase €5.031 billion[1] (2023)
Net income
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).

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Richemont

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Compagnie Financière Richemont S.A., commonly known as Richemont, is a Switzerland-based luxury goods holding company founded in 1988 by South African...

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luxury-goods company Richemont and the South Africa-based company Remgro. Since April 2010, he has been the CEO of Compagnie Financiere Richemont. Rupert and family...

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2020, Farfetch entered into a joint partnership with Richemont and Alibaba. Alibaba and Richemont jointly invested $600 million in Farfetch, taking a combined...

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Vacheron Constantin

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manufacturer founded in 1755. Since 1996, it has been a subsidiary of the Swiss Richemont Group. Vacheron Constantin is one of the oldest watch manufacturers in...

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Anton Rupert

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investment company with financial, mining and industrial interests) and Richemont (a Swiss-based luxury goods group). Currently, this business empire encompasses...

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Pierre Desbassyns de Richemont

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Pierre-Philippe-Alexandre Panon Desbassyns de Richemont (29 January 1833 – 11 November 1912) was a French archaeologist, historian and politician. Between...

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Georges Kern

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within Richemont when he was chosen to run IWC Schaffhausen. In 2017, he was promoted to Head of Watchmaking, Marketing and Digital at Richemont and focused...

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Louis XVII

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conducted in 1993 proved that Naundorff was not the Dauphin. Baron de Richemont's tale that Jeanne Simon, who was genuinely attached to him, smuggled him...

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and smoking pipe workshop in Walthamstow. Dunhill is currently owned by Richemont Holdings Limited and managed by CEO ad interim Andrew Holmes. Alfred Dunhill...

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Laurence de Richemont

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Laurence de Richemont is a Head of unit Single Market Service Centre, part of Directorate-General for Internal Market, Industry, Entrepreneurship and...

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IWC Schaffhausen

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family in 1880 after bankruptcy and has been a subsidiary of the Swiss Richemont Group since 2000. IWC is best known for its luxury pilot/aviation watches...

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NetHold

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company merged with CANAL+ and is directed by Johann Rupert, chairman of Richemont. In 1985, Koos Bekker led the founding committee behind M-Net, a Television...

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Baume et Mercier

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founded in 1830. It is a subsidiary of the Swiss luxury conglomerate Richemont. Baume & Mercier was founded as "Frères Baume" in 1830 by brothers Louis-Victor...

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Mercuria Energy Group and Adecco. Also, notable are UBS, Zurich Insurance, Richemont, Credit Suisse, Barry Callebaut, Swiss Re, Rolex, Tetra Pak, Swatch Group...

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Watchfinder

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alumnus of the Sunday Times Fast Track 100. The company was purchased by Richemont in 2018. "Pre-owned watch specialist Watchfinder has been listed among...

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Rembrandt Group

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founded the Swiss luxury goods company, Richemont, which in turn acquired Rembrandt's shares in Rothmans. Richemont also owns such luxury brands as Cartier...

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