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Richemont chairman: «Karl Marx seemed to have it right in a way»
Johann Rupert, chairman of Richemont, opposes investor Bluebell Capital's plans and explains how the company is moving forward.
It has been three weeks since the activist investor Bluebell Capital demanded that the Geneva-based luxury goods manufacturer Richemont turns its board of directors upside down. On Monday, Richemont’s board rejected the request. In one of his rare interviews, Johann Rupert, Chairman of the Board of Directors, explains why he opposes Bluebell’s plans, how the move to a platform-based online-business is developing, why only few know the name of his successor and what Karl Marx was right about.