Richemont (SIX: CFR) is a publicly listed company headquartered in Geneva, Switzerland that owns 13 consumer brands across 3 categories, and has 7 recorded transactions.[1]
Richemont was created in 1988 when South African businessman Johann Rupert separated the international assets of Rembrandt Group into a Swiss holding company. It is the largest jewellery group in the world, built on Cartier and Van Cleef & Arpels, and the Rupert family retains voting control.
Richemont took control of Net-a-Porter, founded by a fashion journalist who believed people would buy luxury clothing online when almost every brand doubted it. Richemont later wrote down its value substantially and agreed to sell a majority to a rival. The price was not disclosed.
Richemont acquired the house of Azzedine Alaia, who cut and fitted garments on the body himself and showed collections whenever he judged them finished rather than to the fashion calendar. Only the year is documented here.
Richemont acquired A. Lange & Sohne, expropriated by East Germany in 1948 and refounded in 1990 by the founder's great-grandson after reunification. It is the only German house counted at the top of watchmaking. The price was not disclosed.
Richemont acquired Panerai, which had supplied luminous diving instruments to the Italian navy and sold no watches to the public until 1993. Its oversized cushion cases became one of the defining watch shapes of the following decade. Only the year is documented here.
Richemont acquired Vacheron Constantin, the oldest watch manufacturer in continuous operation, founded in 1755. It is one of the three houses traditionally counted as the summit of Swiss watchmaking. Only the year is documented here and the price was not disclosed.
Richemont took full ownership of Dunhill, which had begun in 1893 selling motoring accessories including a pipe that could be smoked in an open car, and had become a menswear and leather goods house. Only the year is documented here.
The group that became Richemont acquired Chloe, among the first houses to sell luxury ready-to-wear rather than couture, and where Karl Lagerfeld designed for two decades. Chloe became a certified B Corporation in 2021. Only the year is documented here.