Financial services
May 22, 2019
Trussardi sold a stake to QuattroR. Image credit: Trussardi
By Sarah Jones
MADRID – Luxury investments are different, with deals often centered on intangible assets such as branding or the desire for a relationship, according to a panel at the FT Business of Luxury Summit.
{"ct":"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","iv":"36b2826c6ecd148a7ce9dc9bd00907a7","s":"42a4609ae7143205"}
Share your thoughts. Click here