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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