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Luxury companies consolidate but diversify offerings: report

February 11, 2019

Jonathan Akeroyd, Donatella Versace, John D. Idol celebrate acquisition. Image credit: Michael Kors/Rahi Rezvani

 

By Brielle Jaekel

When it comes to mergers and acquisitions in the luxury business, many companies are consolidating and expanding into new markets and sectors to better cater to diversifying interests.

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