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The age of globalization has been an enviable growth engine for the luxury industry spearheaded by Western luxury giants like LVMH, Richemont and Kering. The last 20 years have been a story of steady growth with low risk and few obstacles to global expansion. But what are luxury’s prospects in the face of a shifting
Beyond the public health impact, the current pandemic has also disrupted the global economy at all levels from ordinary citizens to the world’s largest companies. But it has become clear that some of the hardest hit economically are small businesses, especially craft-related ones. For me, a key question is how to support craft in this coronavirus
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