Luxury Memo
November 16, 2016
Stella McCartney has built its brand on ethical business practices
By Jen King
Disruptive factors and a climate of uncertainty have put pressure on the retail environment, but the brands that will weather the storm best are those embracing purposeful business models.
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","iv":"482d4b902d631152dae25a6e83c69b39","s":"9a2a35c502e522a0"}
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