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":"b331824cba1125e7fd62d785b31161b4","s":"55a7b45b223cdc3d"}
Share your thoughts. Click here