
Richemont: A Timeline Behind the Building of a Luxury Goods Group
Richemont, the Swiss conglomerate now known for its dominance in the luxury goods segment got its start not in high-end watches or expensive jewelry but in tobacco. In 1941, Anton Rupert took £10 and funds from two investors and Voorbrand Tobacco Company was born to manufacture tobacco in South Africa. Rupert “had a gift for…