Richemont includes many of the most prestigious names in luxury: Cartier, Van Cleef & Arpels, A. Lange & Söhne, Baume & Mercier, IWC, Jaeger-LeCoultre, Officine Panerai, Piaget, Roger Dubuis, Vacheron Constantin, Montblanc, Alfred Dunhill, Azzedine Alaïa, Chloé, Peter Millar and Purdey. Richemont also owns leading online distributors YOOX NET-A-PORTER GROUP and Watchfinder & Co.
Richemont's contribution to Creative Academy
Through its support and involvement with Creative Academy, Richemont contributes to its prestigious legacy in luxury design. This heritage, specializing in jewellery, watches and accessories, comes to life at the Academy, where through shared values of style, quality and craftsmanship and a mutual commitment to tradition and innovation, the future of luxury design flourishes. The Maisons invite Creative Academy students to develop projects with them, and to attend presentations given directly by Maisons CEOs and Creative Directors, as well as seminars held by Maisons’ specialists. The highlight of this rich contribution is the highly coveted internship positions at the various Maisons, awarded to the most deserving students.
Each Maison represents a proud tradition of style, quality and craftsmanship that Richemont is committed to preserving.
Individual heritage and identity are rigorously safeguarded, and Maisons designers and craftsmen are constantly challenged to reinvent and innovate in order to keep this heritage alive and thriving.
Richemont was created in 1988 by the spinoff of international assets owned by Rembrandt Group Limited of South Africa (today Remgro Limited). Established by Dr. Anton Rupert in the 1940s, Rembrandt Group owned signiﬁcant interests in various industries including tobacco, ﬁnancial services, wines and spirits, gold and diamond mining, as well as luxury goods investments that, along with an investment in Rothmans International, would form Richemont.
Richemont’s business encompasses ﬁve key areas: jewellery, watches, writing instruments, leather and accessories.
The Group is managed with the objective of growing value for shareholders over the long-term, recognizing that the most important assets of the group – its luxury Maisons – have almost all been in existence for over a century.
The independence of each Maison within the Group is fundamental to Richemont’s overall growth strategy. Each Maison focuses on increasing awareness and desirability by developing creative products and appropriate marketing programmes. The Maisons’ products are sold through a network of boutiques owned by the Group, through franchise operations and through boutiques owned by third parties.
The Group believes the diversity of its geographical operations, with a lack of dependency on any one market, represents a long-term competitive advantage.