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- From tobacco to luxury: Founded by Anton Rupert in 1941 as a small tobacco business in South Africa, Richemont evolved into a global luxury powerhouse. This transition began with Anton Rupert's entry into the luxury sector through a deal with Cartier in the late 1960s.
quartr.com/insights/company-research/the-story-of-richemont-from-tobacco-to-luxury-dominanceThe Story of Richemont: From Tobacco to Luxury Dominance - Quartr
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5 days ago · Richemont acquires a controlling stake in Gianvito Rossi, one of the world’s leading luxury shoe Maisons. Gianvito Rossi, Founder, CEO and Creative Director of the eponymous brand, will retain a stake in the company and continue to nurture and develop the Maison in partnership with Richemont.
Feb 2, 2024 · Strategic acquisitions: Under the leadership of Johann Rupert, Richemont aggressively expanded by acquiring prestigious luxury brands. Key acquisitions include Cartier (1993), Vacheron Constantin (1996), Van Cleef & Arpels (1999).
- Peter Westberg
In 2008, Richemont spun off all of its non-luxury goods businesses, principally Richemont's stake in British American Tobacco, into a newly formed, separately traded holding company, Reinet Investments S.C.A.
Oct 15, 2021 · The Compagnie financière Richemont (CFR), more commonly known as Richemont, is today the world’s second-largest luxury group in terms of turnover, just behind the giant LVMH. The eighth-largest market capitalization on the Swiss Market Index, Richemont’s story began with tobacco plants…
Jul 18, 2020 · Established by Dr Anton Rupert in the 1940s and under the umbrella of Rothmans International, the Rembrandt group had major interests in cigarettes, financial services, wines and spirits, gold and diamond mining as well as in luxury investment in Richemont.
Feb 6, 2024 · Acquisition and expansion: Rupert's vision for Richemont involved acquiring established luxury brands with a rich heritage. Significant acquisitions included Cartier in 1993, Vacheron Constantin in 1996, and Van Cleef & Arpels in 1999.
Aug 19, 2023 · Richemont’s meteoric rise can be attributed to its strategic acquisition of some of the world’s most prestigious luxury brands. The company’s portfolio includes iconic names like Cartier, Van Cleef & Arpels, Montblanc, Chloé, and many more.