Fashion brand Roberto Cavalli emerged from bankruptcy. Image credit: Roberto Cavalli
Buying a brand out of bankruptcy: What are you really getting?
Posted By a Luxury Daily columnist On In Columns,Featured,Industry sectors,Legal and privacy,Opinion | No 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","iv":"1d12b9293c5421de4478027eae2a2f49","s":"e5635590323636b3"}