By  on October 29, 2018

LONDON — Richemont’s digital pulse is quickening as Johann Rupert strikes more e-commerce deals this year than ever — with the latest one, a venture with Alibaba, aimed at grabbing luxury market share in China.

Friday’s deal capped a landmark year for Compagnie Financière Richemont and its chairman Rupert who, like his peers, had long been skeptical about luxury’s place in the digital world and fearful that online sales would dull the products’ shimmer.

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