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Compagnie Financière Richemont S.A., commonly 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 The new Switzerland-based group held the family’s non-South African assets, which included minority stakes in luxury brands including Cartier, Piaget and Baume & Mercier. Richemont through Cartier acts as one of the 14 founding members of the Responsible Jewellery Council (RJC), established to promote responsible environmental and .
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The company is best known for the brands Cartier and Montblanc. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), . Richemont said Tuesday that Louis Ferla, currently CEO of Vacheron Constantin, will succeed Cyrille Vigneron as CEO of Cartier, effective September 1. Vigneron will retire after eight years. Louis Ferla, CEO of Vacheron Constantin since 2017, succeeds Cyrille Vigneron, the charismatic executive who turned Cartier into a €10 billion brand, while Catherine Rénier, CEO . Crossing the border between the real and the imaginary, Cartier approaches time from the perspective of a magician at Watches and Wonders 2024. Unearth how magic infuses .
Vittorio Zunino Celotto/Getty Images. Cyrille Vigneron has served as president and CEO of Cartier since 2016. He helped build the brand, known for its jewelry, into the second .
Vacheron Constantin head Louis Ferla will run Cartier, the Swiss company’s biggest brand, while Catherine Renier, who heads Jaeger-LeCoultre, will assume the top job at Van . Instead, that title goes to Johann Rupert, chairman of Swiss group Cie Financiere Richemont SA, which owns brands like Cartier and Jaeger-LeCoultre. He holds the cards to consolidating the world . The publicly traded company owns 18 watch brands spanning the entire price spectrum. Breguet is the most expensive among them, while Omega generates the most revenue and is the third-largest Swiss watch brand. . Roger Dubuis and Vacheron Constantin. The Jewelry Maisons are Cartier and Van Cleef & Arpels. Cartier is the largest brand in .
In 2017, Cartier offered free repairs to Panthère watches from the 1980s. The strategic move helped bring the vintage watches back in style — Cartier sold 15,000 of them that year. LVMH chairman Bernard Arnault has reportedly bought a stake in the luxury rival that owns Cartier, sparking rumors of a possible takeover battle. Cartier generated €10.5 billion in sales in fiscal year 2024, per Morgan Stanley, making it the world’s largest jeweller. “Cartier has improved in terms of perceived innovation and communication, which has resulted in greater appeal among younger customers,” Exane analyst Antoine Belge told Vogue Business in 2021. “The management of . Ms. Cartier Brickell, 41, is a granddaughter of that final executive, Jean-Jacques Cartier, who ran Cartier London until the sale. And her book is based on letters she discovered a decade ago in .
Who Owns Cartier Today? Cartier remained a family-owned business for several generations. Louis-François’s legacy extended beyond his lifetime, as his grandsons, Louis, Pierre, and Jacques, continued to expand the brand’s global footprint. Under their leadership, Cartier continued to flourish, becoming a symbol of luxury and refinement .
RED CLUB x Cartier celebrates the Young Leader Award 2024 in Singapore. 07 October 2024. MYT Netherlands Parent B.V. (“Mytheresa”) and Richemont sign agreement for Mytheresa to acquire YOOX NET-A-PORTER (“YNAP”) 01 October 2024. Jaeger-LeCoultre opens a new Flagship Boutique in the heart of Beijing. Cartier was valued at .2 billion in 2020. Here's how the luxury brand got its start almost 200 years ago. A vertical stack of three evenly spaced horizontal lines. . The debut of Cartier’s Spring/Summer 2018 collection in early October will mark the official beginning of the partnership. "The strategic rationale behind the deal is to join forces and to grow in scale," Vedovotto continued. "Above all, we share the same luxury approach to the category and the same values — highest quality standards .
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Cartier owner Richemont named a new chief executive on Friday as its 73-year-old founder and chairman Johann Rupert hands off some of his responsibilities. Nicolas Bos, the 51-year-old French head . The Swiss luxury company, which owns high-end jewelry and watch brands like Cartier and IWC, is the latest to report a slowdown in growth amid a softening demand.
Cartier has been selling jewelry to European royalty for more than a century. There are nearly 300 Cartier boutiques worldwide that showcase the brand'sIn 1972, Robert Hocq, assisted by a group of investors led by Joseph Kanoui, bought Cartier Paris. [28] In 1974 and 1976, respectively, the group repurchased Cartier London and Cartier New York, thus reconnecting Cartier worldwide. [28]Ownership and control. As of 2023, Compagnie Financière Rupert, a Swiss company that holds shares controlled and principally owned by Johann Rupert, was the only significant shareholder of Richemont with 3% or more of the voting rights. The new Switzerland-based group held the family’s non-South African assets, which included minority stakes in luxury brands including Cartier, Piaget and Baume & Mercier.
Richemont through Cartier acts as one of the 14 founding members of the Responsible Jewellery Council (RJC), established to promote responsible environmental and social practices in gold and diamond supply chains. The company is best known for the brands Cartier and Montblanc. It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father. Richemont said Tuesday that Louis Ferla, currently CEO of Vacheron Constantin, will succeed Cyrille Vigneron as CEO of Cartier, effective September 1. Vigneron will retire after eight years. Louis Ferla, CEO of Vacheron Constantin since 2017, succeeds Cyrille Vigneron, the charismatic executive who turned Cartier into a €10 billion brand, while Catherine Rénier, CEO of Jaeger-LeCoultre, will take over Van Cleef & Arpels.
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Crossing the border between the real and the imaginary, Cartier approaches time from the perspective of a magician at Watches and Wonders 2024. Unearth how magic infuses its transformative power into the Maison’s great classics. Vittorio Zunino Celotto/Getty Images. Cyrille Vigneron has served as president and CEO of Cartier since 2016. He helped build the brand, known for its jewelry, into the second-largest.
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