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.
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t\/GYc3AxXiTTXC\/0hfRMVY9mzdbb06CnlDjoFAsHizOriKkbasOz3apMYrfwWR6LPrzuKhlVb+bFPWX6xozw7IFr3Ctzpe1\/ubtvjfN1BSCyChxPxMK63DsZ05LTjm2T5AFZFyua79yvKvCH3bbfEijGYxbgxze4PWR30AcnwZExNN7M1Z+iEUzMOlVfwGhagtEuO9EDcNFD2+6FoOpXPupgb\/ObcKiti8d8MmpRgIUBHDJD\/8\/2j7pqGmoEp73SRqxQA3Q2PCu4D7bObztCdaZqG0KmOL96ypDD\/QlQPFznOpmN0vi3nT9zTDfm\/KpxUug+isLc8c9UnXqK4NOewqc+9LON6mlt1qtMuhrtIgh9FUZVQLkfNOfFmE44BFY5EmZkZJiXlWrGxHlFxsg+PLMZ6J37f9i8DsbsgW\/Hk+J5BNHPgxoQSqibGv9qbkafbTZ31bVgHFb3H3COcBxE4eB5a88OmLISyqTYM+WEPJoMoRTz1S6WzGljgq8+XTviL6QZDvPQmw9zVfwbhYt4IxESzj1st9oXKnMRiAcGiqaBrlnTvlgWHHIJOqNL7llN0JWnxUc7HKnxHhAEeUAN8dt3nvlobyX2wj9SqHtH4c4ZYdz3AJ\/RD78u7rljad4+CzfbJOSWlgnSQW97CxfHMCSUMaLlmNTnmnYcjSxt9\/cUwr\/Nkhfq3qdbHxDbcYw\/AJ10s16bgG1vXeQr\/t8Jw6G3amPY7TEGUs68a9cvayZqvMi4l968Hqrkz8dt25beENCotKLnKT8s1hWRMEV8FBwvZ159nbV+ig+Ox+Urqtru\/WBnBEKJmqzkvIlFRxprvIhQnzn1I1CRoicwaptReZHJ4J\/3+7WGz4LyWx6k+VRRJ\/ANXPcEU5L1rsDvoQJb5RFy51dgUVj\/qoQXDxtPsWIuiM5a46xE4uWByvXeO3mbpTCZpzcNGsaTDMvatpMEHvg75nZaepK4tIxA6Qm2KHj4seu+S0UV1Z+ISDbML\/OfpSrdR8+55PBppIRmXx4JePcN4X1CDm2mBupz5y4+UbF4PpbBzXkCV7YU\/CsbHpXvIE5We2StWdLTI69bOTVll8OK+FNppZ3vu2DwCsbaZZ0On7fG6LpqqkQh1tFnz+0GYCQijJPnZ9xjWnLVgvwQAlRRt8h94OgPMQrnaHE92yrAEhwtLFsk9611lmzkNVyfSzMnJzC+MxG97TGiogFwOZLtBJTMNRHSJqn+2n2JYBN\/TDSAdI+Su0xUHHnzeaQysnnQW9JJhkpZfKiXQLMqnf8xp1CdvuspnI+d+\/v9sYCsdFuoNqSPAzpWQWTx1MWNE5Et6q3jyBGiOJSKGpPS99fAv6riRXUjeH9u7XH3y15gieVXhJo\/1l4Sha9bOuvBikTXE48VCifeXrovRzth32Z5o6bVpjnTAL2YhfiWU4U9ZomR7iI0pbnI2vw0Lnm3yh5UdE5e56X\/5K0Xj+6eZMdP\/gcHL1kEkzZYVivqxC3U0X85Z7SYwdyMr+t\/JvNBolhc8Faym8tRlFlQvu1FvmqaNrF6mMf4h2rF99X+TAKVU29NCrtCORIngiGL5EZmnO505UlJSPHturTt\/SWBLIF8JUpnY1KU4sJHhd72h+f6c36Ivee\/kigvJ0AEq8V516CkUG5B8w9HXkrAkkESp5WkytWvay0KcqXahbb7WjT0GvdkN3hAro8yvwbJJ6ae9iky4EBrM4MiZUd5iuzimieeWu0t8oeNkWEYXoEpdycFdmGn9Cm9rj3htjn+NxLeO3sndbuuuIZMujkb8rxBPUv7f6cenxJvh0\/MEOrYqlef9ecIqZ0DfbBcagrE+cLgslGOjtFbz8JaLSTfwO+Ls4px76VgqP4SjS8R\/ydrNaYAF1dC8yiHo\/zE\/C3OHKRZAInBOIjf+kc8CRCQfGJ\/JVyZgfn+W1OeKYf\/lWypNj5zZOsikbG90lZGAtCwN2vHSWT\/BuqmEbIUohtMJzRk5j+5EHqcS72WKtOP99ywlGqX+le8m00\/X7QUe3xfC98W3d5WaxH7yPhYTcpAQmmKcTbm52jQiNbugCPWB1mo9OIw3TmY0HXRylhyFX8XyP808bmgUtmhtJcOImXVh6ZM+EARwGvq\/docnQ4tDr++XjoyhqE82INcykcQWom1ZQElBmH5kAdAq9aNdawRQyHyaXK8R74CqGXo+CMXx6XCL7xVmoxKw78AuUWJknccNm6VBi2eAnbKX3saygXe1walm\/oAucMINzC\/6XxqN6kaoxEEGApaagCqNmgTIb+qg+9t4ALiVugtAroMiFmKb\/tjNjSQRQCVyWrSQLMrQ\/Aa9lcy2LDIztDvD6Y+N\/\/p2mrIyjuVnE3BE4KEhaZLHO9IIz3\/ATeiMIxY6bkqS5bmdGU4\/K7upm0Fvj4USX1kddolfOh8ZhXS4t9\/iBIqd9tgZGzDDFx\/XtWPqbxcxrK2dUhmDds1gXJF7etaKUAJcczwczDV6pn6wMHK+FgGpCb8veZS3v\/NwYecAPr+Fhz2v64egP2WuYpdYW52J6PBwTLAwuIjlzkyfNiqRqwA6bO8UARaVGuMWLlp2gBx4cdecclJJvGZU61d1BzKKqqRdPmgmXXKkX9B0dVx5k+YoakV6sCiAdXg2Oi8eLaO042RZ44Y+pIGWm45uF9J7uWmr58SmYPcFA4VYcXnCF4LjCzZAjXGPv+QmCZZ+M5UrR0uy5CLPxMAC0OSfD9et3F7p+FlsxbkB0NqOBzoeQRiJLSKJbvI3SR4gLiRps\/FwlVouYiQxIvuYaGBSVWeXlnNlrLKS7ozlJJNTyKpezV3pO+v3ZAuauA9MQquK0pURMrTbueacz3EJC\/b5SKk+ac7fk4WKLkvn3BmbZ5gJOxr9dCngpxyIB7YewliYukPbTYxElm2l6Vm8J6xtSJVSPjrcGCUVB5KBmqngMuoYMAdIHzc3HGQvt9AOFZmAKS8dbuYjRj\/KJJMmx0Gqu0jGLReM9kDYUfJX\/Nxq8y4VFVSDDSj5gTU7r\/yBKS9GiIn7U48OwHHpR5oJnbxPK+KKrUN0WokeOGjuEe28YucwYYOKh18rRsVQEmqQc2UoEMKxRKXRTkHYSKjsSzIsQFvKseBO9E0DptdrvOUc1+k9Bh7XtVYy7VMR6da6WvdondKdmeye+0KYOEq\/MlfHUe4mJT7BN+xY+VhqrFggtVS8pROrf2OAsQFw9KV6bnrno\/YxxdQZWix83iiWLSyHykRYWrmlYnJQvYIt5\/gGGGbXbWo\/7Rd7MvC6sg\/i2FmblahokcR3faE9vLt+Jlk7XUzf7NoWSYC85qGGIbS2ie4emZl4Ta9i7pR4Zjmg2c3hJC+HuLMOSJQjVUhHicpquq2xI2WxCu8c4z\/\/mu7g6Y8MkOWTjYy7u2jRxTrNnN6KztlyL5AEnmXSkzthi0dZJv5ZbRmyO+spk+3+ofPpmhOjbr99BESYgLs6e6TfXWqTAenAmHmq7JXPvDXVXAO0oC4a7wXMrNUZIaciF+OvA5NFIF3rH6h2AXqBYvDyh7rGtmrkxkbsUR0XZ4Cv6qzf0gki0hzD+4IX+94AkWXfYlKnKD9RVtfXKFC2ri8edvI\/L+ywCBdFD5HwTOafYTqdYoEtSEmEXVALdgvkZhspNZiaorchjbDWbUfvHUPQoPbW8tljIeCzyHEjRZYWTS7LIeOgxiKc7EtXw596mrdT8kXJxs\/yUP3sEOAklbP7WmvwbnM6+0vLDWmJimr2kHB1wapihgzvDHyfXxqCzDT4\/lRnqdk9q5w1aPVxQnh+yY2Vfc9\/NLiuhnGY1G4dKp6zr+JJ4bUoypvJEw8fJdO5ATsKrBRRk4EsQ0ueOGnV\/JNtoXBoCDuAVN9bmMJvgMhB739iWtKz83TjEYnDl8IOZgOMUFaOJ2zqSNFuS7brLIUXEynFYgYoYiL4zts1y+bCkT13RSNNN26OuDNORkpejCm4d\/kSV4dPK\/z\/AJQfbJI01UmbZM7Y02KSxsVh1Onyz4mdl6pZEKEWs0VPcgLAorKsVx2tpSH1mUdRsj0IpC\/xpNbxIEFaaZqHZ5OpbctfSs4LpqA2+vYHamOofZ58SkEtK\/ZTdNjNZA8Spu4EhW6hS0EvQVq5z0zLCFgGqBLW8VzRmS0fhBPVntz2hHLCo0wlxbK0Gy0aP7hd3qiDd6GG3ekjKX4WYjAPtNOuqnQTG7pepLFBal62FWvg\/rsPhUIv7h+kLOr1mo+UQgRslsQA01WYL1kCMYkXPumVFvoEiIkDdA2qkcihPeBWtZO0YoTtrzbh0sRpCIwyTRgya8Bg6wuzwxKrkgv9cI8PH3TgTzg241rl3dFXVzMt4PJi\/Y7eC9XhP8K4PGK7jMms+DXHKRSdU6QLzZ6EpodWXyfzIEA4oEQK+y+H29cxN8Uwmwpc+5pIeO+VIVn8RbrczOQDK7Bj0YtrV075Vj\/Wls3YDNAPVhfSJO9bx8cJ6CYnLE4TMd\/wsKDMuaWZcT8JfvE8HsBY+1PfUT\/tWmSUI+D1Of4OO1Gie7nFigH55sKpj09JD+A+UopT\/Uv0a63k0bPztrQYqgabUUptB1wyIZVYQ9eu2Vv0E\/VUz5QhVlQVSXJzN15YS0u5xrRNGPWZq8I58c2WdzIFHT3xkEZGpOENtzUZ0e1lxuV2Wd5xd1e5W\/Qpe3oo0EKt8UZrmdiFuBUhQYr2MfShCjrZ1ioRuc+8t4Dd\/JA+yxVgtESFJEfBFWPfv\/d2Kl\/coUNlBC3778P3pMMx2V3+nwQKoM0iBfdaBUvcXeCJVCStOkU7omZduIvT\/2Ia4dMyZTWv5meIp061YanLXOlbiqlCzQXrnFMTaUWtsoz2LbHgfO\/24UqTH7AiNkAsjZuv2PkX+MEdMj1D\/dEE8+NMMdswxNF5eDMjB8CB85B8cy+Ro7NN8qc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