Pause operations: company temporarily curtailing operations while keeping return options open

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Richemont, is a Switzerland-based luxury goods holding company. Through its various subsidiaries, Richemont produces and sells jewellery, watches, leather goods, pens, firearms, clothing and accessories.

Pause operations: company temporarily curtailing operations while keeping return options open

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Glob.Revenue, mln.USD
22201
Staff(RF), 2021
350

Richemont and Rolex, which left Russia, continue to protect their trademarks. In January-July, slightly more than 4 thousand applications for trademarks were registered in Russia. Of the well-known companies producing jewelry and included in the top 20, Western players in the luxury segment are Rolex SA, Richemont International SA (in particular, it manages the brands Cartier, Vacheron Constantin, Piaget, Van Cleef & Arpels, Montblanc). In the first half of 2025, they filed 44 and 34 applications for registration in the Russian Federation, respectively.

The Company Statement
April 04, 2022

The company suspended commercial activities in Russia.

August 15, 2025How Cartier’s owner pivoted from Russia to a $10 million windfall in Kazakhstan
August 12, 2025Foreign luxury companies protect their trademarks in Russia more actively than local players
May 29, 2024The Russian Lancet is fighting for trademarks with Elsevier and Richemont
March 08, 2022Richemont suspends operations in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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