|Predecessor||Rembrandt Group Limited|
|Founded||Geneva, Switzerland (1988 )|
|Johann Rupert (Chairman)|
Jérôme Lambert, Group (CEO)
|Products||Watches, jewellery, leather goods, pens, firearms, clothing and accessories|
|Revenue||€14.238 billion (2020)|
|€1.518 billion (2020)|
|€931 million (2020)|
|Total assets||€30.461 billion (2020)|
|Total equity||€17.259 billion (2020)|
Number of employees
|Subsidiaries||See article section|
Compagnie Financière Richemont S.A., also 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 Securities Exchange.
The brands it owns include A. Lange & Söhne, Azzedine Alaïa, Baume & Mercier, Buccellati, Cartier, Chloé, Dunhill, IWC Schaffhausen, Giampiero Bodino, Jaeger-LeCoultre, Lancel, Montblanc, Officine Panerai, Piaget, Peter Millar, Purdey, Roger Dubuis, Vacheron Constantin, and Van Cleef & Arpels.
As of November 2012[update], Compagnie Financière Richemont S.A. is the sixth largest corporation by market capitalization in the Swiss Market Index. As of 2017, Richemont is the third-largest luxury goods company in the world after LVMH and Estée Lauder Companies.
Johann Rupert founded Compagnie Financière Richemont S.A. when he spun off the international assets of Rembrandt Group Ltd. (now Remgro Limited), a South Africa-based company founded in the 1940s by his father, Anton Rupert. The division, originally founded on 5 March 1979 as Intercontinental Mining and Resources S.A., was later renamed IMR Group S.A. on 31 March 1987 and finally Richemont S.A. on 17 August 1988. The spin-off was completed on 20 September 1988. The luxury goods investments of Rembrandt Group combined with Rothmans International formed the initial group of Richemont subsidiaries.
As of November 2012[update], Compagnie Financière Richemont S.A. is the sixth largest corporation by market capitalization in the Swiss Market Index. As of 2014, Richemont is the second-largest luxury goods company in the world after LVMH.
The compensation of the Richemont group's executives increased by an average of 14% in 2018.
Compagnie Financière Richemont S.A. organizes its business activities into three operating divisions: Jewellery Maisons, Specialist Watchmakers and Other Businesses.
The Specialist Watchmakers group is composed of A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Officine Panerai, Piaget, Roger Dubuis, Vacheron Constantin and the joint venture with the Ralph Lauren Watch & Jewelry Co.
Ownership and control
The largest significant shareholder of Compagnie Financière Richemont S.A. is Compagnie Financière Rupert, a Swiss company that holds shares controlled and principally owned by Johann Rupert. Compagnie Financière Rupert owns 522,000,000 Class "B" shares of Compagnie Financière Richemont S.A., representing 9.1% of the equity and 50% of the voting rights. Johann Rupert and Compagnie Financière Rupert also hold 2,836,664 class "A" shares or "A" share equivalents as of the end of March 2016.
The following companies are wholly owned subsidiaries of Compagnie Financière Richemont S.A. unless otherwise noted.
- A. Lange & Söhne — watches; based in Glashütte, Germany
- Azzedine Alaïa — women's fashions; based in Paris, France
- BAUME watches based in Geneva, Switzerland 
- Buccellati - fine jewelry and watches; based in Milan, Italy
- Giampiero Bodino — fine jewellery; based in Milan, Italy
- IWC Schaffhausen — watches; based in Schaffhausen, Switzerland
- Jaeger-LeCoultre — watches; based in Le Sentier, Switzerland
- Officine Panerai — watches; based in Florence, Italy
- Peter Millar — men's and women's apparel; based in Raleigh, NC, US.A.
- Purdey — firearms, clothing, gifts, leather goods, Royal Berkshire Shooting School. Based in London, United Kingdom
- Roger Dubuis — watches; based in Geneva, Switzerland
- Van Cleef & Arpels — jewellery, watches; based in Paris, France
- Vendôme Luxury Group, including:
- Cartier — jewellery and watches; based in Paris, France
- Montblanc — writing instruments and watches; based in Hamburg, Germany
- Baume & Mercier — watches; based in Geneva, Switzerland
- Chloé — women's clothing; based in Paris, France
- Dunhill — men's clothing, watches and leather goods; based in London, United Kingdom
- Piaget — jewellery, watches; based in Geneva, Switzerland
- Vacheron Constantin — watches; based in Geneva, Switzerland
In 1998, Richemont bought a controlling stake in Shanghai Tang. In July 2017, Richemont announced that it had sold Shanghai Tang to a group of investors headed by Italian entrepreneur Alessandro Bastagli.
Richemont and Mimi So formed a joint venture in 2004,  Richemont's first investment in an American brand. In 2007, Richemont requested to become the majority partner of the joint venture. Mimi So declined and purchased Richemont's stake in the venture.
In 2008, Richemont spun off all of its non-luxury goods businesses, principally Richemont's stake in British American Tobacco, into a newly formed, separately traded holding company, Reinet Investments S.C.A.
In October 2014 the first blocking order against trademark infringing consumer goods was passed against the major UK ISPs by Richemont, Cartier International and Montblanc to block several domains selling trademark infringing products.
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'We are confident with the backing of Richemont, Mimi So will grow at both retail and wholesale,' [Ed McQuigg] said....We are confident her philosophy and unparalleled talent will translate into significant brand expansion both domestically and internationally for Mimi So.'(subscription required)
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- "Our Businesses". richemont.com. Compagnie Financière Richemont. 2011. Archived from the original on 2 January 2011. Retrieved 15 January 2011.
In 2007, Compagnie Financière Richemont SA and Ralph Lauren combined their expertise to create the Ralph Lauren Watch & Jewelry Company in a joint-venture.
- Richemont Annual Report and Accounts 2012 (PDF). Compagnie Financière Richemont. 16 May 2012. ISBN 9782970070948. Archived (PDF) from the original on 14 March 2016. Retrieved 3 November 2012.
- "Richemont sells Hackett Limited to Torreal, S.A." richemont.com. Compagnie Financière Richemont. 2 June 2005. Archived from the original on 10 March 2013. Retrieved 18 November 2012.
- "SMI – the Blue-Chip Index". six-swiss-exchange.com. SIX Swiss Exchange. 2012. Archived from the original on 29 October 2012. Retrieved 23 November 2012.