Richemont owns several of the world's leading luxury goods ‘Maisons’, with particular strengths in jewellery, luxury watches and premium accessories.

Each Maison represents a proud tradition of style, quality and craftsmanship and we seek to preserve the heritage and identity of each of our Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.

Where we operate

Richemont’s headquarters are in Geneva, Switzerland. The Group has four regional offices providing support services to our Maisons:

in Geneva for Europe, the Middle East, India, Africa, and Latin America;
in Hong Kong for Asia-Pacific, excluding Japan;
in Tokyo for Japan;
and in New York for North America.

Richemont directly employs 22 600 people. Two-thirds of our employees are based in Europe and a quarter are in Asia. The Americas region is the third significant area of employment. The majority of our employees in Europe are based in Switzerland, France, and Germany, where the manufacture of luxury goods is concentrated. We have no employees working in manufacturing in Asia. In all regions, employees are engaged in retail, distribution, after sales service and administrative functions.

Each Maison has its own head office in Switzerland or elsewhere in Western Europe, with one exception; Shanghai Tang, which is headquartered in Hong Kong.

Significant changes in 2010/11

Other than the acquisition of NET-A-PORTER.COM in April 2010, there were no significant changes to the Group’s operations during the year.

Our Maisons, products and services

The Group’s Maisons and their operations are fully described in the Annual Report. Refer to pages 4 to 27 of the Business Review.