Financial services
April 17, 2019
LVMH sales grew more than 17 percent in fiscal year 2017. Image credit: Louis Vuitton
By Sarah Ramirez
Ten of the world’s leading luxury companies accounted for almost half of global luxury goods spending in the last fiscal year, as the overall industry grew more than 10 percent despite slowing economies in China, the United States and Europe.
{"ct":"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","iv":"ad392f321b12082acc20416d3fc18c31","s":"f4745d15faaa70d6"}
Share your thoughts. Click here