Businessweek

Compagnie Financière Richemont SA engages in the design, development, manufacture, and distribution of luxury goods primarily in Switzerland. Segments The company’s primary segments include: Jewellery Maisons; Specialist Watchmakers; Writing Instruments Maisons; and Leather and Accessories Maisons. Jewellery Maisons The Jewellery Maisons Segment engages in the design, manufacture and distribution of jewellery products, including Cartier and Van Cleef & Arpels. Specialist Watchmakers The Specialist Watchmakers Segment engages in the design, manufacture and distribution of precision timepieces. The specialist watchmakers comprise Piaget, A. Lange & Sohne, Jaeger-LeCoultre, Vacheron Constantin, Officine Panerai, IWC, Baume & Mercier and Roger Dubuis. Writing Instrument Maisons The Writing Instrument Maisons Segment engages in the design, manufacture and distribution of writing instruments, namely Montblanc. Leather and Accessories Maisons The Leather and Accessories Maisons Segment engages in the design and distribution of leather goods and other accessories, being Alfred Dunhill and Lancel. Other Businesses The company’s other businesses include Chloe clothing and accessories. Joint Ventures The company holds an interest of 50% in Laureus World Sports Awards Limited, which manages the Laureus World Sports Awards, which honour the achievements of the world’s greatest sportsmen and women on an annual basis and contributes to the Laureus Sport for Good Foundation, a charity registered in the U.K. which oversees the activities of Laureus Sport for Good Foundations around the world. Its partner in Laureus World Sports Awards Limited is Daimler AG. The company is also a 50% owner of the newly formed entity The Polo Ralph Lauren Watch and Jewellery Company Sàrl. The joint venture entity designs and creates luxury watches and fine jewellery. Its partner is Polo Ralph Lauren Inc., New York. History Compagnie Financiere Richemont SA, formerly known as Compagnie Financiere Richemont AG, was founded in 1979.