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Global revenue of Richard Mille 2015-2016

In 2016, it was estimated that Richard Mille generated approximately 225 million Swiss francs in revenue. Richard Millie is a Swiss luxury watch brand founded in 2001 by Dominique Guenat and Richard Mille. The company is based in Les Breuleux, Switzerland.

How does Richard Mille compare to its competitors?

Rolex is one of the most well-known luxury watch brands in the world. Omega, Longines, Patrek Philippe, and Cartier are other established brands in this industry, however Rolex holds the largest share of the Swiss watch market. As of 2018, there were over 694 companies in the watchmaking industry in Switzerland. While Richard Mille has many competitors within the luxury watch industry, the company operates on a different model and produces its watches in limited quantities. It was forecasted that Richard Mille were to produce 4,600 watches in 2018, the most they have ever produced. However, Richard Mille watches were the most exclusive brand of luxury watches in terms of price.

Revenue of Richard Mille worldwide from 2015 to 2016

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Sources

Release date

December 2016

Region

Worldwide

Survey time period

2016

Supplementary notes

* Calculated internally based on an annual sales growth of 20 percent.
The exchange rate according to oanda.com was 1.00 CHF (Swiss Franc) = 0.98 USD (U.S. Dollar) as of December 2016.

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