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Death by a Thousand Cuts: The Financial Perils of Bad Luxury Choices

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The leading luxury houses like Kering, LVMH, Chanel, Richemont, and Hermès have seen very strong financial results lately. But luxury’s mom-and-pops are performing differently. The pandemic has been an accelerator in the world of luxury across several dimensions. And while only a few brands publish their numbers, chatter behind the…

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