Compagnie Financiere Richemont SA logo

Compagnie Financiere Richemont SA - ADR

FRA:RIT1 (Switzerland)   ADR
€ 13.10 (+3.15%) May 6
30.23
P/B:
4.26
Market Cap:
€ 79.51B ($ 85.62B)
Enterprise V:
€ 77.73B ($ 83.70B)
Volume:
-
Avg Vol (2M):
191.00
Also Trade In:

Business Description

Description
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 85% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 67% of revenue and over 86% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc.