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Jul 04 2011

Richemont found lacking against peers

Published by at 8:40 am under Companies,Europe,Top Stories

A new performance ranking of companies in the luxury goods sector made the headlines in the German media this morning. The ranking isn’t very kind to Richemont. As a report card to CEO Johann Rupert it also isn’t particularly flattering. 

Read all about the ranking of the Swiss research firm Obermatt here – what it measures, how it measures, which firms were scrutinized and which luxury goods firms ended up tops in 2010/11 and over the 3-year period 2008 – 2011.

On “overall performance” Richemont didn’t make it into the Top 5 in 2010/11** and also not in the 3-year period 2008 – 2011. Over the 3-year period it ended in 15th position, with only Dior and a few “lesser-knowns” below it.

** The jewellery division did.

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