Company profile
- Industry
- Luxury goods
- Founded
- 1988
- Headquarters
- Bellevue, Switzerland
- Ownership
- Publicly traded
Profiles are auto-generated and infrequently updated.
The analyses
The Adjacency Expansion · Growth & Portfolio
Richemont Kept Trying to Escape Jewellery. It Kept Getting Dragged Back.
Richemont owns Cartier and a string of jewellery houses that generated €15.33 billion in sales in FY2025 — and it spent a fortune learning that Cartier's halo only stretches so far. Its biggest leap away from hard luxury, the YNAP e-commerce empire, posted a €1.46 billion loss from discontinued operations in its FY2024 financial year and was handed off at a write-down.
7 min
The Moat Anatomy · Moat & Competition
Richemont Sells Itself as a Watch Empire. The Money Is in the Necklaces.
Everyone files Richemont under Swiss watches. But in FY2025 its Jewellery Maisons booked €15.3 billion at a ~32% margin, while the famous watchmakers fell to roughly €3.3 billion and a 5.3% margin. The hard-luxury moat is a high-jewellery moat wearing a watch on its wrist.
8 min