Retail
March 17, 2020
Global pandemic map. Image credit: NRF
By Dianna Dilworth
Social distancing and store closures are just the tip of the iceberg as luxury retailers brace for what is to come as the COVID-19 pandemic is turning the outlook from downturn into a potential recession.
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","iv":"c30a74878180a96a33ed1d9348fa228e","s":"0f3e0a6500689aef"}
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