Cie Financiere Richemont SA ADR CFRUY
Morningstar’s Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
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Company Profile
Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 70% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont’s jewellery business Maisons, including Cartier and Van Cleef & Arpels, account for 50% of revenue and over 85% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc. Online businesses include Yoox Net a Porter.
Geneva, 1293, Switzerland