Richemont
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.
| Company type | Public (Société Anonyme) |
|---|---|
| Industry | Luxury goods |
| Predecessor | Rembrandt Group Limited |
| Founded | 1988 in Geneva, Switzerland |
| Founder | Johann Rupert |
| Headquarters | , Switzerland |
Area served | Worldwide |
Key people | Johann Rupert (Chairman) (Group CEO) |
| Products | |
| Revenue | €19.95 billion (2023) |
| €5.031 billion (2023) | |
| €0.301 billion (2023) | |
| Total assets | €40.89 billion (2023) |
| Total equity | €19.02 billion (2023) |
| Owner | Compagnie Financière Rupert (Rupert family) (10% equity, 51% voting power) |
Number of employees | 33,959 (2023) |
| Divisions |
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| Subsidiaries | See § Subsidiaries |
| Website | richemont |
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. As of October 2023, Compagnie Financière Richemont S.A. was the sixth-largest corporation by market capitalization in the Swiss Market Index.