Retail
October 6, 2021
In tough times, some brands might consider joining a luxury conglomerate. But that might not be the best way to survive in China. Image credit: Burberry's Weibo
By Adina-Laura Achim
With the COVID-19 pandemic wreaking havoc in retail and luxury, some brands might consider an association with a luxury conglomerate.
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","iv":"7f47f953ca43212aa7f16d2d6c80fab1","s":"bc21364af48b70ce"}
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