Retail
March 17, 2020
Global pandemic map. Image credit: NRF
By Dianna Dilworth
Social distancing and store closures are just the tip of the iceberg as luxury retailers brace for what is to come as the COVID-19 pandemic is turning the outlook from downturn into a potential recession.
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","iv":"312c70b32757a94c535e16774b930f81","s":"623df4e5ab87bebd"}
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