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Overview
Compagnie Financière Richemont is a luxury goods company based in Switzerland. It was founded in 1988 by South African billionaire Johann Rupert, who also serves as the company's chairman. Richemont owns several well-known luxury brands, including Cartier, Montblanc, and Chloé. The company is headquartered in Bellevue, Switzerland and has a global presence, with stores and operations in Europe, North America, Asia, and the Middle East. Richemont has over 29,000 employees and reported revenues of around 14.2 billion euros in 2020. The company's core business is the production, distribution, and sale of luxury goods, including jewelry, watches, writing instruments, leather goods, clothing, and accessories. Richemont also has a number of important investments in luxury car and fashion companies, such as the French fashion brand Yoox Net-A-Porter Group and the Italian luxury car manufacturer Ferrari. Richemont is known for its high-quality and iconic luxury products, and the company's brands are highly sought after by consumers around the world. In addition to its focus on luxury goods, Richemont is also committed to sustainability and ethical business practices, with initiatives in place to reduce its environmental impact and promote responsible production and sourcing. Overall, Richemont is a major player in the luxury goods industry and continues to drive innovation and success in the market.
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