Total sales of the Richemont Group worldwide 2008-2022

In FY2011, total sales of the Richemont Group worldwide amounted to about 19.18 billion euros, increasing by approximately six billion euros on the previous year. The Richemont Group is one of the leading luxury goods companies in the world. The Richemont Group garnered most of its revenue from jewelry Maisons in FY2022, which amounted to around 11 billion euros. The Asia-Pacific was responsible for 40.77 percent of the company’s total sales that year.

The Richemont Group

Founded in 1988 by South African businessman Johann Rupert, the Swiss-based company owns several brands such as Montblanc, Lancel, and Peter Millar. Richemont produces and sells jewelry, watches, leather goods, and clothing. Richemont employed around 35,640 people as of 2019. Montblanc is a German manufacturer of luxury watches, pens, jewelry, and leather goods. Peter Millar is an American lifestyle brand founded in 2001. The company produces clothes and accessories and most notably luxury golf attire. Among its brand ambassadors are PGA tour players Brandt Snedeker, Louis Oosthuizen, and Bill Haas. In 2015, the brand was selected as the official apparel provider for the International Team at Presidents Cup in South Korea.