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":"5855558854d918e2dcb2fe902c27e09f","s":"c60e3b6faef52ed3"}
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