Next 30-90 days will be defined by liquidity preservation, rapid vendor negotiations, and visible customer assurance. Expect supplier shipment pauses and tighter payment terms within 2-4 weeks unless standstill agreements and bridge financing are secured; marketing should pivot to retention to defend short-term revenue and reduce returns-driven cash leakage.

Over 6-12 months, a shift from inventory-owned wholesale to concession and marketplace could reduce working capital needs by 30-50%, but may compress take rates unless offset by exclusives and services. Successful restructuring would position LuisaViaRoma as a curated discovery platform with improved unit economics; failure risks accelerated consolidation or sale.

Multi-brand e-commerce is bifurcating: Mytheresa defends profitability via tight curation and low discounts, while Farfetch and YNAP disruptions highlight fragility in inventory-heavy models. A timely pivot by LuisaViaRoma toward partner-supported inventory and exclusive capsules can defend share against SSENSE and Mytheresa while brands continue to prioritize DTC.

Suppliers will seek payment assurances and may demand cash-in-advance or consignment, pushing inventory risk upstream; logistics partners will reprice or tighten terms; customers may slow purchases absent clear fulfillment and returns guarantees; creditors will prefer a plan that prioritizes operational continuity to maximize recoveries.