Full Description

Compagnie Financiere Richemont SA (CFR.VX) (Virt-X Level 1)
As of  26 Nov 2009
32.83CHF
Price Change
-1.73
Percent Change
-5.01%
 
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Compagnie Financiere Richemont SA is a luxury goods company. The Company operates in five segments: Jewellery Maisons, which is engaged in the design, manufacture and distribution of jewellery products; Specialist Watchmakers, whose primary activity includes the design, manufacture and distribution of precision timepieces; Writing Instrument Maison, whose primary activity includes the design, manufacture and distribution of writing instruments, namely Montblanc; Leather and Accessories Maisons, whose principal activities include the design and distribution of leather goods and other accessories, being Alfred Dunhill and Lancel, and Other Group operations, which mainly comprise Chloe, royalty income and other businesses. On August 11, 2008, it acquired 60% interest in Manufacture Roger Dubuis SA. During the fiscal year ended March 31, 2009, it acquired a 30% interest in Lancel Japan and 34.7% interest in Rouages SA.
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