Previous Richemont’s 25th Anniversary

Richemont’s shareholding base has broadened and the proportion of shares listed in Switzerland has increased over the 25 years from 10 % to some 80 %. Separately, Richemont’s reported sales passed the € 10 billion-mark in 2013 and its shares were included in the ‘Stoxx Europe 50’ index for the first time.

Expansion of the Maisons’ retail networks mean that more than half of the Maisons’ combined sales are now made directly to their final customers, either in their own boutiques around the world, which passed the 1 000-mark this year, or through their tailored e-commerce websites.

Richemont has an integrated performance appraisal process and all employees benefit from training and development opportunities. As responsible businesses, all of Richemont’s jewellery, watchmaking and writing instrument Maisons participate in the Responsible Jewellery Council process, certifying compliance with industry best practices.

The decades have seen continuous growth in the number of people employed by Richemont.Through acquisitions and organic growth, the Group employs over 27 000 people today.In Switzerland alone, Richemont employs over 8 000 people, compared to just a dozen in 1988, and our businesses provide regular, value-adding work to a wide range of Swiss suppliers. Moreover, our Swiss employees export some 95 % of their output.

25 years since its formation, the Richemont share price reached a record high of CHF 80.50 on 17 January 2013, valuing the Company atsome CHF 46 billion (€ 38 billion).

Details of Principal Companies within the Group

The full report may be downloaded from the Richemont website HERE

Source: Richemont