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Richemont

 
Wikipedia: Richemont
Compagnie Financière Richemont
Type Public (SIXCFR)
Founded 1988
Founder(s) Anton Rupert
Headquarters Geneva, Switzerland
Key people Johann Rupert (Executive chairman), Norbert Platt (CEO)
Industry Luxury goods
Products Fashion, accessories, watches, jewellery, writing instruments
Revenue 5.302 billion (2008)[1]
Operating income €1.108 billion (2008)[1]
Profit €1.571 billion (2008)[1]
Employees 18,800 (2008)[1]
Website www.richemont.com

Compagnie Financière Richemont SA is a Swiss luxury goods company that was founded in 1988 by the late South African billionaire businessman, Anton Rupert. It has four main business areas: jewellery, watches, writing instruments and clothing. The company is listed on the SIX Swiss Exchange and on the JSE Securities Exchange. It is the eighth biggest company in the Swiss Market Index. As of 2007, it is the third-largest luxury goods company in the world by turnover, behind LVMH and PPR, its two main competitors in the luxury goods market. In March 2007, Richemont and Polo Ralph Lauren announced the formation of a joint venture, the Polo Ralph Lauren Watch and Jewellery Company, S.A.R.L., of which each company will own 50 percent.

Contents

Companies

Principal companies in the group are:

All companies are fully owned subsidiaries.

Former companies

References

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