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Financial services

French, Asian luxury companies average double-digit sales growth: Deloitte

April 17, 2019

Louis Vuitton Women Spring Summer 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.

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  1. Luxury Unfiltered: The conflict in Iran is a wake-up call for luxury
  2. Global luxury market to grow by up to 4pc in 2026: Kearney
  3. Marriott International to flip Hawaii’s Resort at Kapalua Bay into St. Regis property
  4. Kering consolidates jewelry houses into new division
  5. Bentley nears $3B in annual sales, growth slows
  6. Natalie Portman leads cinematic Tiffany & Co. HardWear campaign
  7. Puig appoints new CEO
  8. Marriott’s Luxury Group launches artist residency program
  9. Saks Global draws additional funds from $1.75B bankruptcy financing package
  10. Lexus heads to Twitch for music-fueled tribute
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