Cave Shepherd & Co. Limited, a Barbadian public listed company, was formed in 1906 as a partnership between two men, Messrs Cave and Shepherd. For several decades, the company itself retailed goods to both locals and tourists from its flagship store on Broad Street. In 2000, however, Cave Shepherd & Co. Limited together with what is now Dufry International AG, formed a joint venture company – Duty Free Caribbean (Holdings) Ltd, in which Cave Shepherd owns a 40% stake, to operate its retail operations.
Cave Shepherd & Co. Limited has interests in financial services through equity holdings in Fortress Fund Managers (75%), Signia Financial Group (40%), DGM Bank & Trust (40%) and Cave Shepherd Credit Card (100%).
Today, Cave Shepherd & Co. Limited is a diverse and multi-faceted organisation with interests in retail, tourism, financial services, property development, renewable energy, and international business.