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.
{"ct":"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","iv":"d30fb9726e87210d4a49ac2a4c33120b","s":"090f40caa51157bf"}
Share your thoughts. Click here