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HomeLifestyle NewsLuxury Superweek: Q1 Sales and Kering’s Strategy Reveal

Luxury Superweek: Q1 Sales and Kering’s Strategy Reveal

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The luxury giant has filed its roadmap to exit Chapter 11 this summer, confirming it will not sell Bergdorf Goodman. Under the new deal, bankruptcy lenders will take full ownership, wipe away billions in debt and set the stage for a leaner, more profitable operation.

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