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Financial services

Luxury groups outpacing independent brands in stock growth

May 9, 2019

Safilo experienced the greatest jump in stock prices. Image credit: Jimmy Choo

 

By Sarah Ramirez

A boost in spending in mainland China was a significant contributor in increased sales for several luxury brands last month, with the industry as a whole experiencing double-digit sales growth.

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  1. Ralph Lauren, Team USA reveal 2026 Winter Olympic uniforms
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  5. Off the Cuff: A Q&A with The 1916 Company's John Shmerler
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