Richemont: outshining luxury goods giants

March 22, 2019 0 By HearthstoneYarns

Compagnie Financière
Richemont SA is a Switzerland-based luxury goods holding company founded in
1988 by South African businessman Johann Rupert. The luxury goods groups
sells premium jewellery, watches, leather goods, writing instruments,
clothing and accessories. Richemont is publicly traded as CFR on the SIX
Swiss Exchange and the JSE Securities Exchange.

Richemont beating out other luxury groups

The brands it owns include A. Lange & Söhne, Azzedine Alaïa, Baume &
Mercier, Cartier, Chloé, Dunhill, IWC Schaffhausen, Jaeger-LeCoultre,
Lancel, Montblanc, Officine Panerai, Piaget, Peter, Vacheron Constantin und
Van Cleef & Arpels. According to the Deloitte report “Global Powers of
Luxury Goods 2017”, Richemont is the world’s second largest luxury goods
conglomerate, behind LVMH but ahead of Estée Lauder, the Luxottica Group
and Kering.

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Photo: Richemont Headquarters, Bellevue, Switzerland | Credit © Olaf_Tamm_Hamburg_Germany for Richemont