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Ar-El-G (Richemont Group)

Company

Performance indicators

2024: Revenue growth up to 1 billion rubles

Richemont (owns the brands Cartier, Vacheron Constantin, Van Cleef & Arpels, Montblanc, Piaget, etc.) in 2024 earned 1.02 billion rubles in revenue in Russia against 870.5 million rubles a year earlier. Net profit reached 1.18 billion rubles, while in 2023 net losses were recorded at 2.04 billion rubles.

By 2024, Richemont has two boutiques left in Russia - Cartier in GUM on Red Square and Van Cleef & Arpels in Petrovsky Passage on Petrovka.