Fashion brand Roberto Cavalli emerged from bankruptcy. Image credit: Roberto Cavalli
Buying a brand out of bankruptcy: What are you really getting?
Posted By a Luxury Daily columnist On In Columns,Featured,Industry sectors,Legal and privacy,Opinion | No 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","iv":"ab6ed86139a7e0da922f8f21d0cf7164","s":"d6b28eda3f6a48a7"}