Group structure and significant shareholders
The businesses in the Group operate in five main business areas: (i) jewellery, (ii) watchmaking, (iii) writing instruments, (iv) leather and accessories and (v) other products. Each of the Maisons in the Group enjoys a high degree of autonomy, with its own management group under a chief executive officer. To complement those businesses, the Group has established central functions and a regional structure around the world to provide central controlling and support services in terms of distribution, finance, legal and administration services.
As at 31 March 2017, Compagnie Financière Rupert is the only significant shareholder (3 per cent or more of the voting rights).
Compagnie Financière Rupert
Compagnie Financière Rupert, a partnership limited by shares established in Switzerland holds 52 200 000 Richemont 'B' registered shares representing 9.1 per cent of the equity of the Group and controlling 50 per cent of the voting rights at the level of Compagnie Financière Richemont SA. Mr Johann Rupert, the Chairman of Richemont, is the sole General Managing Partner of Compagnie Financière Rupert.
Richemont does not hold an interest in any company which is itself a shareholder in the Group.