Retail
November 19, 2020
Brands must adapt to current trends to survive the pandemic. Image credit: Bain & Company
By Nora Howe
The disturbance of the COVID-19 pandemic has been the catalyst for change across the luxury industry, which is on track to recover by 2023, according to research from Bain & Company and the Fondazione Altagamma.
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","iv":"a8202813bbc713c770170d9158b29b22","s":"8434caef5e2ac889"}
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