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":"c585853f6d649081e38f619cc7a8fa9a","s":"817e2573a6ac25cb"}