Retail
April 15, 2020
Brands such as Louis Vuitton will be able to weather the storm with strong customer loyalty and focus on quality product as well as a deep-pocketed owner in LVMH. Other luxury brands may not be as blessed. Image credit: Louis Vuitton
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","iv":"3dd2bb14d896ec5a2cdf50e98e7ebf97","s":"e5eb1484c5a6ac69"}
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