Richemont Annual Report and Accounts 2008
7
Group Chief Executive Officer's review
Compagnie Financière Richemont SA
Richemont SA, Luxembourg
Jewellery Maisons
Cartier
Van Cleef & Arpels
Specialist Watchmakers
Piaget
A. Lange & Söhne
Jaeger-LeCoultre
Vacheron Constantin
Officine Panerai
IWC
Baume & Mercier
Writing Instrument Maisons
Montblanc
Montegrappa
Leather and Accessories Maisons
Alfred Dunhill
Lancel
Other Businesses
Chloé
Azzedine Alaïa
Purdey
Strategic Product &
Communication Committee
Regional Support Platforms
Europe, Asia-Pacific, North America, Japan
Central Support Services
Each Maison within the Group's
portfolio is run as an independent entity.
This safeguards each Maison's heritage
and allows individual creativity to
flourish, ensuring that each Maison
remains distinctive and unique.
The Maisons
The Committee's objective is to guide the
Maisons by verifying that decisions
made in respect of communication,
products and distribution are appropriate
and consistent with the individual
Maison's identity and strategy.
The regional distribution centres
provide world-class support
to the Maisons' local activities,
including logistics, IT, human resources,
finance, general services and after-sales service.
In addition to the Group's role of directing
and formulating policies and processes,
specialist teams provide support in areas
including market intelligence,
manufacturing and logistics services,
intellectual property, human resources,
real estate, IT, legal and finance.
HOW OUR BUSINESS OPERATES
Each of the Maisons in the Group enjoys a high degree of autonomy. To
complement those businesses, the Group has established central functions
and a regional structure around the world to provide central controlling
and support services.