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About the company: Compagnie Financière Richemont SA [JSE:CFR]

by , 02 June 2015

Founded in 1988, Richemont is a luxury goods holding company based in Switzerland. Richemont owns leading luxury brands such as Cartier and Montblanc. It's one of the Johannesburg Stock Exchange's Top 40 companies…

Full name: Compagnie Financière Richemont SA
Short name: Richemont
Ticker: CFR
Sector: Personal & household goods – personal goods

Five top facts about Richemont

Fact #1:
Richemont employs over 30,000 people around the world. These employees work for 20 different ‘maisons’. Richemont, which calls its different business entities maisons, runs each of these brands separately.

Fact #2:
Johann Rupert started Richemont back in 1988. But the company has its roots in his father’s (Dr Anton Rupert) business, the Rembrandt Group. Rembrandt Group is now called Remgro [JSE:REM].

Fact #3:
Richemont has a secondary listing on the Johannesburg Stock Exchange under ticker CFR. Richemont’s primary listing is in Switzerland [SIX:CFR].

Fact #4:
Richemont is one of the largest luxury brand companies in the world. It owns luxury brands such as Cartier, Lancel, Jaeger, Alfred Dunhill, Montblanc and Chloe, to name a few. It also has a 50/50 joint venture with Polo Ralph Lauren. This venture established the Polo Ralph Lauren Watch and Jewellery Company.

Fact #5:
Its primary shareholder is its founder, Johann Rupert. He holds 9.1% of the company through Compagnie Financière Rupert. He is also the chairman and chief executive officer of Richemont.

Chart of Richemont’s share price

Chart of Richemont's share price

Financial information

For more financial information about Richemont, click here.

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About the company: Compagnie Financière Richemont SA [JSE:CFR]
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