Tag Archives: Coronavirus

Bankruptcy cliff's edge

Coronavirus Has Pushed A Growing List of Retailers to the Edge

With consumers’ heightened awareness of the danger of being in confined places with strangers, it is highly unlikely they will flock to stores and malls even once they reopen. Anxiety and a healthy paranoia are likely to linger – possibly for a long time. Ever since March 14, America has been effectively closed for business. […]

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Coronavirus in China

Five Years Of Growth in the Global Luxury Market Could Vanish as the Coronavirus Spreads

The previous outlook on the coronavirus’ impact on the luxury market has turned from caution to alarm, according to a new ad-hoc survey conducted among 28 C-suite luxury executives by Italian luxury brand consortium Altagamma, in association with Boston Consulting Group (BCG) and investment firm Bernstein. Initially viewed as largely a short-term challenge in China […]

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