The factors in favour of a rise in the Richemont share price:
First of all, an undeniable strong point is the company's ability to offer and market a wide variety of products including jewellery, watchmaking, high-end accessories such as writing instruments along with fashion and leather goods. As a result, the group can protect itself from sectoral crises more effectively.
Stock market investors also appreciate Richemont's positioning on the Swiss stock market. Richemont is one of the largest stocks in the Swiss index in terms of capitalization, which gives it certain stability and high volatility.
The Richemont group also benefits from a very interesting positioning in its sector of activity and in the world. In fact, it’s the second largest company in the luxury sector internationally and in terms of turnover.
Richemont can also count on some of its segments which are among the most profitable at the present time and the most stable over time with firm resistance regarding the crisis such as jewellery, luxury watches or writing instruments.
The group can rely on a large workforce since it currently employs over 20,000 people, mainly in Europe but also in the rest of the world.
Finally, Richemont has the advantage of owning many popular and prestigious brands such as Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin, Jaeger-LeCouture, IWC and even Panerai.