Compagnie Financiere Richemont SA (CFRHF) Company Profile
Compagnie Financiere Richemont SA (Richemont) is a luxury goods company. The Company’s segments include Jewellery Maisons and Specialist Watchmakers. The Jewellery Maisons segment includes businesses, which are engaged in the design, manufacture and distribution of jewelry products. The businesses include Cartier, Van Cleef & Arpels and Giampiero Bodino. Its Specialist Watchmakers segment includes businesses whose primary activity includes the design, manufacture and distribution of precision timepieces Businesses in the Watchmakers segment include Piaget, A. Lange & Sohne, Jaeger-LeCoultre, Vacheron Constantin, Officine Panerai, IWC Schaffhausen, Baume & Mercier and Roger Dubuis. The Company’s other operating segments include Montblanc, Alfred Dunhill, Lancel, Chloe, Purdey, Shanghai Tang, Peter Millar, investment property companies and other manufacturing entities.
News about CFRHF
Chinese Luxury Goods Market Stabilizes
By Fan Yu Luxury shopping is back in vogue in China. Sales growth increased year over year for the first time since growth stalled after Chinese communist leader Xi Jinping began the anti-corruption campaign in 2013. Today, much of the sales growth i...Read More>>>
Tiffany: A Lone Ranger Among Luxury Conglomerates
The high-end jewelry market has always been more resilient than watches, as it is a less discretionary spending item. Moreover its cost base being mostly in Europe and outside Switzerland (compared to major watchmakers) gives an advantage to this pro...Read More>>>