36SquareCapital invests into Swiss luxury group Richemont (Cie Financière Richemont)

Luxembourg, April 17th 2020 - 36 Square Capital has decided to invest into Compagnie Financière Richemont also known as Richemont due to their strong balance sheet and currently available undervalued pricing.

Richemont is a Switzerland-based luxury goodsholding company founded in 1988 by South African businessman Johann Rupert. Through its various subsidiaries, Richemont produces and sells jewellery, watches, leather goods, pens, firearms, clothing and accessories.

Most known brands include :

• jewelry brands Cartier, Van Cleef & Arpels

• watchmakers IWC, Panerai, Jaeger-Le Coultre, Vacheron Constantin, Baume & Mercier, A. Lange & Söhne

• fashion & accessories Chloe, Mont Blanc, Purdey, Alaïa, Dunhill

• online distributors Yoox & Watchfinder

Richemont is publicly traded as CFR on the SIX Swiss Exchange