In 1987, Bernard Arnault created LVMH.
In 1988, Johann Rupert created Richemont – an acquisition-driven luxury group much like LVMH, and to date, one of Arnault's largest competitors.
Richemont is now the second largest luxury conglomerate and the third largest luxury company (with Hermès being the second) in the world.
The group's many prestigious maisons include Cartier, Van Cleef & Arpels, Montblanc, Piaget, and Vacheron Constantin, to name a few.
Since inception, Richemont has compounded its topline at 5% per year. But looking instead at the last 15 years, the group has grown its revenue and FCF at a 6% and 9% CAGR respectively.
We have just created this infographic, mapping out every acquisition since Richemont's inception:
In 1988, Johann Rupert created Richemont – an acquisition-driven luxury group much like LVMH, and to date, one of Arnault's largest competitors.
Richemont is now the second largest luxury conglomerate and the third largest luxury company (with Hermès being the second) in the world.
The group's many prestigious maisons include Cartier, Van Cleef & Arpels, Montblanc, Piaget, and Vacheron Constantin, to name a few.
Since inception, Richemont has compounded its topline at 5% per year. But looking instead at the last 15 years, the group has grown its revenue and FCF at a 6% and 9% CAGR respectively.
We have just created this infographic, mapping out every acquisition since Richemont's inception:
