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 Bya Luxury Daily columnistOn In Featured,Financial services,Industry sectors | No Comments
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 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","iv":"e2e81d3874d7b4d6e5f31e1ebb47d398","s":"15fef25bf826b2fd"}