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":"c80c3e4db97dd5d4067c297248460a37","s":"457e99c29ce6fa2a"}
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