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
Venture capitalists bet big on luxury
Posted By a Luxury Daily columnist On In Featured,Financial services,Industry sectors | No 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","iv":"5e6e88808c20892ee4ddbcc59c6796e9","s":"48e47db4794c89ed"}