Fashion brand Roberto Cavalli emerged from bankruptcy. Image credit: Roberto Cavalli
Buying a brand out of bankruptcy: What are you really getting?
Posted Bya Luxury Daily columnistOn In Columns,Featured,Industry sectors,Legal and privacy,Opinion | No 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","iv":"5fc10a45778b603371533db579e1879e","s":"30997da0bf363d61"}