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Published: 2023-07-05

Company History
Richemont

Study the financial data for Richemont.

Founded in 1988, this luxury goods group is active in the jewelry, watches, writing instruments and clothing sectors through the acquisition of numerous companies. Its main shareholder is Compagnie Financière Rupert, the majority of whose shares are held by Johann Rupert. In 2017, Richemont is considered the third largest luxury goods company in the world after LVMH and Estée Lauder, and brings together under its umbrella exclusive brands such as A. Lange & Söhne, Baume & Mercier, Buccellati, Cartier, Chloé, Dunhill, IWC Schaffhausen, Montblanc, Roger Dubuis, Vacheron Constantin or Van Cleef & Arpels.

Founded 1988
Founder Johann Rupert
Headquarters Bellevue, Switzerland
Key people

Jerôme Lambert (Chief Executive Officer)

Johann Rupert (Chairman of the Board)

Products

Watches & Jewellery

Leather goods

Stationery

Clothing

Accessories

Weapons

Areas

Jewelry stores

Specialized watchmakers

Other companies

Subsidiaries

Jewellery Maisons

Cartier, Van Cleef & Arpels and Buccellati

Specialist Watchmakers

A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Officine Panerai, Piaget, Roger Dubuis, Vacheron Constantin and the joint venture with Ralph Lauren Watch & Jewelry Co.

Other Businesses

Azzedine Alaïa, Chloé, Delvaux, Dunhill, Montblanc, Peter Millar and Purdey

Website richemont.com

Subsidiary of Richemont SA

Jewelers

Buccellati (2019)

Cartier

Van Cleef & Arpels (1999-2003)

Watch manufacturer

A. Lange & Söhne (2000-2003)

Baume & Mercier (acquired via Cartier in 1988)

Donzé-Baume (2007)

IWC (2000)

Jaeger-LeCoultre (2000)

Minerva (2006)

Officine Panerai (1997)

Piaget (acquired via Cartier in 1988)

Roger Dubuis (60% acquired in 2008)

Vacheron Constantin (acquired by Groupe Vendôme in 1996)

Online retailer

Yoox-Net-A-Porter (from 2002 to 2010 acquisition of shares in Net-A-Porter - 2015 merger of Net-A-Porter with Yoox - 2018 buyout of Yoox-Net-A-Porter for 95% of the shares)

Watchfinder & Co. (2018)

Fashion & Accessories

Alaïa (2007)

Chloé (acquired via Dunhill in 1998)

Dunhill (1998)

James Purdey & Sons (1994)

Montblanc (acquired via Dunhill in 1998)

Peter Millar (2012)

Serapian (2017)

former brands

Hackett London (acquired by Dunhill in 1992, sold by Richemont to Torreal in 2005)

Karl Lagerfeld (acquired by Dunhill in 1992, closed down in 1997 and rights transferred to Lagerfeld)

Lancel (acquired in 1997, sold to Piquadro in 2018).

Shanghai Tang (acquired 1998-2008, sold 2017)

Sulka (acquired in 1989, shut down in 2001)

Sources

⭠ Lvmh Ross Stores ⭢