Annual Report and Accounts 2016
Annual Report and Accounts 2016 Richemont is one of the world’s leading luxury goods groups. The Group’s luxury goods interests encompass some of the most prestigious names in the industry, including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCoultre, IWC, and Montblanc. Each of Our Maisons™ represents a proud tradition of style, quality and craftsmanship which Richemont is committed to preserving. 1 Financial and operating highlights 38 Peace Parks Foundation 2 Chairman’s review 39 Laureus 4 Business review 40 Board of Directors 4 Jewellery Maisons 5 Cartier 45 Corporate governance 7 Van Cleef & Arpels 8 Giampiero Bodino 53 Compensation report 9 Specialist Watchmakers 10 A. Lange & Söhne 11 Baume & Mercier 65 Consolidated financial statements 12 IWC Schaffhausen 13 Jaeger-LeCoultre 122 Company financial statements 14 Officine Panerai 15 Piaget 16 Ralph Lauren Watch & Jewelry 128 Five year record 17 Roger Dubuis 18 Vacheron Constantin 130 Statutory information 19 Other Businesses 20 Alaïa 131 Notice of meeting 21 Alfred Dunhill 22 Chloé 23 Lancel 24 Montblanc 25 Peter Millar 26 Purdey 27 Shanghai Tang 28 Regional & Central Support 30 Financial review 36 Corporate social responsibility Cautionary statement regarding forward-looking statements This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Words such as ‘may’, ‘should’, ‘estimate’, ‘project’, ‘plan’, ‘believe’, ‘expect’, ‘anticipate’, ‘intend’, ‘potential’, ‘goal’, ‘strategy’, ‘target’, ‘will’, ‘seek’ and similar expressions may identify forward-looking statements. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control.
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