Q2

June 2022

Richemont

Nomtha Ngumbela, Assistant Equity Manager & Analyst 

Richemont is a luxury goods company which was formed in 1988; post a spinoff of the luxury assets owned by Rothmans International. The company owns a portfolio of prestigious brands or Maisons (French term for a luxury brand) which embodies a heritage of unique craftmanship, elegance and timelessness across jewellery, watches, fashion pieces and accessories. Household names such as Cartier, Jaeger-LeCoultre, Vacheron Constantin, IWC and A. Lange & Söhneare are just some of the names which fall under Richemont’s 26 Maisons and businesses. 

 The rarity, heritage and imagination invested into growing each of the distinct brands has created significant brand equity and a strong moat for Richemont. 

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