Commerce
July 2, 2021
Lanvin-owner acquired Italian footwear brand Sergio Rossi in early June. Image credit: Sergio Rossi
By Nora Howe
The luxury industry has recently witnessed a multitude of mergers and acquisitions, indicating positive growth and emerging business opportunities despite a turbulent business environment.
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","iv":"71e6835d4b6e8b3186103f06a112c1be","s":"d8f8786574da773a"}
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