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":"8a3b51d643c4ecc46336726fa5c52973","s":"a91325842309284e"}
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