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":"72abe9baec13327ddc1e7104700ecff5","s":"d936ae18309734eb"}