Financial services
September 2, 2021
Even before COVID-19, VC funds were betting on the personal luxury goods market. But its resilience post-pandemic is making it even more appealing. Image credit: Shutterstock
{"ct":"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","iv":"966c22a56489b6066efa38b5142945b9","s":"d1f354fa5e760503"}
Share your thoughts. Click here