By  on March 26, 2020

In the unmitigated disaster that is the coronavirus outbreak, there is hope for the beaten-down world of luxury — the shutdown and eventual reboot could ultimately lead to companies that are “stronger, more innovative and more purposeful,” according to Bain & Co. 

Call it comfort for the here and now as the sector struggles with a crisis that could result in up to a 35 percent drop in sales this year.

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