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":"d98ecc3a9baecf6de974fe42b1839457","s":"3d62f7b0855a8ad1"}
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