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Saks Global: What Insolvency Means for Beiersdorf, Chanel and Lvmh
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The crash of Saks also hits the business partners of the US warehouse company. For luxury houses such as Kering, Armani and Co. it's about millions.
·Düsseldorf, Germany
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Luxury brands that have their own stores, Louis Vuitton, Hermes..., are achieving good results.
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