.jlc

Status:	Proposed
Type:	Brand TLD
Priority #:	1590 - Richemont DNS Inc.
More information:

.jlc is a Brand TLD being proposed in ICANN's New gTLD Program. The applicant is Richemont DNS Inc.

Application Details

The following is excerpted from the applicant's reply to question #18:

"Richemont DNS will publish its Charter and its policies, guidelines, and other supporting documentation related to the implementation of the registry consistent with the Purpose, all prior to launch. All second level domain names registered by Richemont DNS on behalf of itself or an affiliate will be registered through an ICANN-accredited registrar and will be consistent with the Purpose. All registrants of second level domain names will be affiliates of Richemont DNS or will be parties operating under a written trademark license specifically allowing the registration of a second level domain name within this registry (the “Required License”).

Founded in 1833, Manufacture Jaeger-LeCoultre, Branch of Richemont International SA (“Jaeger-LeCoultre”) is a high-end, luxury watch and clock manufacturer based in Le Sentier, Vaud, Switzerland. Since its establishment in 1833, it has been acknowledged as the Grande Maison of the Vallée de Joux. It has created 1,231 calibres – many of them among the most complicated in the world - and registered 398 patents, placing it at the forefront of invention in fine watchmaking. Its leading position stems from its full integration with over 40 traditional watchmaking crafts and 20 cutting edge technologies under one roof.

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. Jaeger-LeCoultre, through its various divisions, operates through more than 990 points of sale for watches and accessories in 110 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."