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50, chemin de la Chênaie 1293 Geneva, Switzerland Tel. +41-22-715-35-00 Fax +41-22-715-35-50 |
Type: Public
On the web:
http://www.richemont.com
Compagnie Financière Richemont sells the stuff of suave. It markets Cartier jewelry, Piaget and Baume & Mercier watches, Alfred Dunhill leather goods, and Montblanc pens. Richemont, the world's second-largest luxury goods firm, behind French rival LVMH Moët Hennessy Louis Vuitton, also owns jeweler Van Cleef & Arpels. The company boasts some 800 of its own boutiques. Following the sale of its Rothmans International unit (with Rothmans, Dunhill, Peter Stuyvesant, and Winfield tobacco products) to British American Tobacco (BAT), Richemont is focused solely on peddling luxury goods. As part of its operations, the company also peddles Chloé perfume and womenswear and makes watch components for third parties.
Key numbers for fiscal year ending March, 2008:
Sales: $1,476.2M
One year growth: 17.2%
Net income: $100.4M
Income growth: 6.7%
Officers:
Executive Chairman: Johann P. Rupert
Group Chief Executive and Board Director: Norbert Platt
Director Group Finance and Board Director: Richard Lepeu
Competitors:
Gucci
LVMH
Tiffany & Co.
