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