Marketing
December 6, 2021
A Louis Vuitton luggage castle fit for a queen or king. Image courtesy of Louis Vuitton
By Sarah Ramirez
Leading luxury groups continue to dominate the sector, as 15 companies with sales of more than $5 billion accounted for more than 60 percent of luxury goods sales in 2020.
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","iv":"9f2292ceab8bb31780b796f603246007","s":"03f8cde2c3841bc7"}
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