Kering: Share price as reflection of brand synergies
Posted By a Luxury Daily columnist On In Columns,Featured,Opinion | No Comments{"ct":"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","iv":"2049209df0bcc3ad8bd302a854bab6af","s":"4c5f595386180e97"}
