EE Impact

Richemont

Switzerland · Luxury

LeaveRussia detail: Suspension

Operations suspended

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.

Status last verified 03/08/2026Source checked 21/08/2025Company website ↗LeaveRussia profile ↗

Business in Russia

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.

Decision trail

Decision date 04/04/2022 · Reference ↗

The company suspended commercial activities in Russia.

Local stats (LeaveRussia)

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

Status history since 2022

  1. 03/08/2026 suspended · Imported from KSE LeaveRussia

Exposure profile

Full exposure profile is a Professional feature

Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

Upgrade to Professional
Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.