|Manager:||Richemont DNS Inc.|
|Registry:||Richemont DNS Inc.|
|Priority #:||999 - Richemont DNS Inc.|
|Parked Domain %:||100.0 %|
|Delegation:||05 June 2015|
The following is excerpted from the applicant's response to question #18:
"Montblanc-Simplo GmbH (“Montblanc”) has been known for generations as a maker of sophisticated, high quality writing instruments. In the past few years, the product range has been expanded to include exquisite writing accessories, luxury leather goods and belts, jewelry, eyewear, perfumes and watches. Montblanc has become a purveyor of exclusive products which reflect the exacting demands made today for quality design, tradition and master craftsmanship.
It is a truly international brand with operations in more than 70 countries. It sells its products exclusively through its international network of authorised retailers, jewellers and over 360 Montblanc boutiques worldwide.
Its ultimate parent company is Compagnie Financière Richemont S.A. (“CFR”), a Swiss luxury goods holding company, which was created in 1988. This application is being made by Richemont DNS Inc. (“Richemont DNS”), one of CFR’s indirect wholly-owned subsidiaries. The group of companies whose ultimate parent company is CFR are referred to herein collectively as “Richemont”. Richemont’s luxury businesses operate globally. The largest market is Asia-Pacific, which generates more than 40 per cent of sales. We believe the diversity of our geographical operations, with a lack of dependency on any one market, represents a long-term competitive advantage. Montblanc, through its various divisions, operates through more than 4000 points of sale for watches and accessories, including more than 400 Montblanc boutiques, in 92 countries worldwide.
Richemont directly employs more than 20,000 people worldwide and has employees based in all major regions of the world. Two-thirds of Richemont’s employees are based in Europe, but Asia-Pacific and the Americas are also significant and growing areas of employment. The majority of Richemont’s employees in Europe are based in Switzerland, France, and Germany, where the manufacture of luxury goods is concentrated. Asia and the Far East are growing markets. In all regions, employees are engaged in retail, distribution, after sales service and⁄or administrative functions.
Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks. Richemont’s South African Depository Receipts are listed in Johannesburg, Richemont’s secondary listing. Richemont is the eighth largest company in the Swiss Market Index and, as of 2007, Richemont was the third-largest luxury goods company in the world by annual revenues. In the 2010⁄2011 financial year, Richemont sales were €6.892 billion, a rise of 33% on the previous year (at actual exchange rates) and our operating profit rose by 63% to €1.355 billion.
Under the Richemont brands, investments in research, development and innovation extend to watch movements, new product designs and marketing-related activities. The annual accounting charge for research and development costs is some €20 million. MONTBLANC is a registered trademark in jurisdictions throughout the world. Richemont DNS intends to operate the .Montblanc registry under a suitable license from Montblanc and on Montblanc’s behalf.
s previously stated, the .Montblanc registry will be a standard registry closed to third parties for use only by pre-validated representatives of Montblanc having the Required License or appropriate affiliates."