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Richemont
Compagnie Financière Richemont S.A., commonly known as Richemont, is a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Through its various subsidiaries, Richemont produces and sells jewellery, watches, leather goods, pens, firearms, clothing, and accessories. Richemont is publicly traded as CFR on the SIX Swiss Exchange and the JSE. The brands it owns include A. Lange & Söhne, Azzedine Alaïa, Baume & Mercier, Buccellati, Cartier, Chloé, Dunhill, IWC Schaffhausen, Giampiero Bodino, Jaeger-LeCoultre, Montblanc, Officine Panerai, Piaget, Peter Millar, Purdey, Roger Dubuis, Vacheron Constantin and Van Cleef & Arpels. , Compagnie Financière Richemont S.A. was the sixth-largest corporation by market capitalization in the Swiss Market Index. As of 2017, Richemont was the third-largest luxury goods company in the world after LVMH and Estée Lauder Companies. History Johann Rupert founded Compagnie Financièr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Johann Rupert
Johann Peter Rupert (born 1 June 1950) is a South African billionaire businessman, who is the eldest son of business tycoon Anton Rupert and his wife Huberte. He is the chairman of the Swiss-based luxury-goods company Richemont and the South Africa-based company Remgro. Since April 2010, he has been the CEO of Compagnie Financiere Richemont. Rupert and family were ranked second-richest in South Africa on the 2021 ''Forbes'' list, with an estimated net worth of US$7.1 billion. Personal life Rupert grew up in Stellenbosch, where he attended Paul Roos Gymnasium and the University of Stellenbosch, studying economics and company law. He dropped out of the university to pursue a career in business, however, in 2004, the university awarded him an honorary doctorate in Economics. In 2008, he was awarded an honorary doctorate from Nelson Mandela Metropolitan University. Described as "reclusive" by the ''Financial Times'' and '' Barron's'', Rupert rarely gives interviews and shuns publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montblanc (company)
Montblanc (''UK:'' /ˌmɒ̃ˈblɒ̃(k)/, ''US:'' /ˌmɑnˈblɑŋk/) is a German manufacturer and distributer of luxury goods, founded in Berlin in 1906, and currently based in Hamburg. The company is most known for its luxury pens and also designs and distributes bags, small leather goods, and watches. Since 1993, Montblanc has been part of the Swiss Richemont group. History A Hamburg banker, Alfred Nehemias, and a Berlin engineer, August Eberstein, produced simple pens in 1906. After a short period of time Wilhelm Dziambor, Christian Lausen, and later Claus Johannes Voss took over the business. Their first model was the ''Rouge et Noir'' in 1909 followed in 1910 by the pen that was later to give the company its new name, Montblanc. The Meisterstück name (, the name used for export) was used for the first time in 1924. Today, the Montblanc brand is on other goods besides pens, including watches, jewellery, fragrances, leather goods, and eyewear. The company was founded in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Watch Company
IWC International Watch Co. AG, also known as IWC Schaffhausen, is a Swiss watch manufacturer located in Schaffhausen, Switzerland. Originally founded by American watchmaker Florentine Ariosto Jones in 1868, IWC has been a subsidiary of the Swiss Richemont Group since 2000. IWC is best known for producing luxury pilot/aviation watches and using titanium in watchmaking. In 2018 IWC was recognized by the WWF for its environmental efforts and received an "Ambitious" rating; placing first amongst fifteen other Swiss watchmakers. History Creation In 1868, American engineer and watchmaker Florentine Ariosto Jones (1841–1916), who had been a director of E. Howard & Co., in Boston founded the International Watch Company.Watches from IWC, at page 9. He planned to assemble watches in Switzerland and import them into the United States. At the time, wages in Switzerland were relatively low although there was a ready supply of skilled watchmaking labor, mainly carried out by peop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chloé
Chloé () is a French luxury fashion house founded in 1952 by Gaby Aghion. During the next year of 1953 Aghion joined forces with Jacques Lenoir, formally managing the business side of the brand, allowing Aghion to purely pursue the creative growth of Chloé. Its headquarters are located in Paris, France. The house is owned by luxury brands holding company Richemont Group. Chloé has been worn by many celebrities, including Marion Cotillard, Sienna Miller, Madonna, January Jones, Maggie Gyllenhaal, Cameron Diaz, Emma Stone, Clémence Poésy and Katie Holmes. The brand is characterized by a youthful and bohemian aesthetic, and has produced several successful fragrances. History Gaby Aghion (1921-2014) was born in Alexandria, Egypt. After moving to Paris, France in 1945, she founded Chloé in 1952 with a vision of offering luxury '' prêt-à-porter'' (Ready-To-Wear), a new concept at that time. Gaby Aghion and her partner Jacques Lenoir continued to run the house until 1985, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jaeger-LeCoultre
Manufacture Jaeger-LeCoultre SA, or simply Jaeger-LeCoultre (), is a Swiss luxury watch and clock manufacturer founded by Antoine LeCoultre in 1833 and is based in Le Sentier, Switzerland. Since 2000, the company has been a fully owned subsidiary of the Swiss luxury group Richemont. Jaeger-LeCoultre is regarded as a top-tier Richemont brand. It has hundreds of inventions, patents, and more than one thousand movements to its name, including the world's smallest movement, one of the world's most complicated wristwatches (Grande Complication), and a timepiece of near-perpetual movement (the ''Atmos clock''). History Early history The earliest records of the LeCoultre family in Switzerland date from the 16th century, when Pierre LeCoultre (circa 1530 – circa 1600), a French Huguenot, fled to Geneva from Lizy-sur-Ourcq, France to escape religious persecution. In 1558, he obtained the status of “inhabitant” but left the following year to acquire a plot of land in the Va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartier (jeweler)
Cartier International SNC, or simply Cartier (; ), is a French high-end luxury goods conglomerate that designs, manufactures, distributes, and sells jewellery, leather goods, and watches. Founded by Louis-François Cartier (1819–1904) in Paris in 1847, the company remained under family control until 1964. The company is headquartered in Paris and is a wholly owned subsidiary of the Swiss Richemont Group. Cartier operates more than 200 stores in 125 countries, with three Temples (Historical Maisons) in London, New York, and Paris. Cartier is regarded as one of the most prestigious jewellery manufacturers. ''Forbes'' ranked Cartier on its Most Valuable Brands list as 59th in 2018 and 56th in 2020, with a brand value of $12.2 B and revenue of $6.2 B. Cartier has a long history of sales to royalty. King Edward VII referred to Cartier as "the jeweller of kings and the king of jewellers." For his coronation in 1902, Edward VII ordered 27 tiaras and issued a royal warrant to Cartier ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rembrandt Group
The Rembrandt Group, officially known as Rembrandt Trust (Proprietary) Limited, is a South African tobacco and industrial conglomerate founded by Afrikaner tycoon Dr Anton Rupert who oversaw its eventual transition to the industrial and luxury branded goods sectors. Rembrandt was split into Remgro (an investment company with financial, mining and industrial interests) and Richemont (a Swiss-based luxury goods group). History Dr Rupert originally established the tobacco company "Voorbrand" in the 1940s. He soon renamed it Rembrandt Ltd. The first Rembrandt cigarettes were manufactured in an old flour mill in Paarl. Four years later Rupert introduced the world to the first king-sized cigarette filter. It was a wild success and it was on the back of this and a R1,5 million loan from Sanlam that Rembrandt's vast overseas empire was built. In 1968, it incorporated Remgro as an investment holding company with interests in financial, mining and industrial interests. In 1972, Rembrandt's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baume Et Mercier
Baume & Mercier () is a Swiss luxury watchmaker founded in 1830. It is a subsidiary of the Swiss luxury conglomerate Richemont. History Baume & Mercier was founded as "Frères Baume" in 1830 by brothers Louis-Victor and Célestin Baume, who opened the watch dealership in Les Bois, a village in the Swiss Jura. The Swiss watch manufacturer established a branch in London in 1851 under the name "Baume Brothers", which led to expansion throughout the British Empire. By the late 19th century, the company had an international reputation, and its timepieces had set accuracy records and won a number of timekeeping competitions. In 1918, company director William Baume partnered with Paul Mercier to found "Baume & Mercier" in Geneva. The firm became specialized in manufacturing wristwatches, particularly models in unconventional shapes. In 1919, Baume & Mercier was awarded the Geneva Seal, the highest international distinction of the time for watchmaking excellence. During the Roaring T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buccellati
Buccellati Holding Italia is an Italian jewellery and watch company formed by the merger of two previous companies with existing brands ''Mario Buccellati'' and ''Gianmaria Buccellati'', which corresponded to the names and surname of two master goldsmiths: father and son. History In 1919, Mario Buccellati opened his first enterprise and, after the establishment of stores in Milan, Rome and Florence, began the development of his overseas business by opening a new store on Fifth Avenue in New York in 1954 and another in Worth Avenue in Palm Beach, Florida in 1958. In 1949, Mario Buccellati was commissioned to create an icon by Pope Pius XII for Princess Margaret to mark the extraordinary power of the first visit of a British Royal to Vatican City in hundreds of years. This magnificent work of art can be admired today at the Chianciano Art Museum in Tuscany. In 1965, after the death of Mario, the management of the firm was conducted by four of his five sons. In 1971, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Goods
In economics, a luxury good (or upmarket good) is a good (economics), good for which demand (economics), demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Goods
In economics, a luxury good (or upmarket good) is a good (economics), good for which demand (economics), demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azzedine Alaïa
Azzedine Alaïa (; ar, عز الدين عليّة, ʿIzz ad-Dīn ʿAlayya, ; 26 February 1935 – 18 November 2017) was a Tunisian couturier and shoe designer, particularly successful beginning in the 1980s. Early life Alaïa was born in Tunis, Tunisia, on 26 February 1935. His parents were wheat farmers, but his glamorous twin sister, Hafida, inspired his love for couture. A French friend of his mother, Mrs. Pineau, fed Alaïa's instinctive creativity with copies of ''Vogue''. He lied about his age to get into the Tunis Institute of Fine Arts, a local school of fine arts in Tunis, where he gained valuable insights into the human form and began studying sculpture. He worked as a dressmaker with his sister to pay for school supplies. Career After his graduation, Alaïa began working as a dressmaker's assistant. He soon began dressing private clients, and in 1957 he moved to Paris to work in fashion design. In Paris, he started to work at Christian Dior as a tailleur, but had ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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