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":"c94d25327b17dc62912e94d65d1c35d4","s":"783136afaa06a065"}
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