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Can independent brands survive without luxury conglomerates?

Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
In tough times, some brands might consider joining a luxury conglomerate. But that might not be the best way to survive in China. Image credit: Burberry's Weibo In tough times, some brands might consider joining a luxury conglomerate. But that might not be the best way to survive in China. Image credit: Burberry's Weibo

 

By Adina-Laura Achim

With the COVID-19 pandemic wreaking havoc in retail and luxury, some brands might consider an association with a luxury conglomerate.