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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