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":"723c431271614a3bc9d5b11689707993","s":"b90d653a35174c40"}
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