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":"31ad7f84c4aa700ed276b7c1c7611a4b","s":"c4ce28add06aa3b6"}
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