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Trends and developments on the luxury goods market

Trends and developments on the luxury goods market

Underpinned by expected sales growth of 12 percent in China in 2009, and 20 percent growth in online sales, the sales decline of the global luxury goods industry will be less this year than forecast.

By Claudia D’Arpizio

  • min read

Brief

Trends and developments on the luxury goods market
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Underpinned by expected sales growth of 12 percent in China in 2009, and 20 percent growth in online sales, the sales decline of the global luxury goods industry will be less this year than forecast. Sales growth of one percent in 2010 is becoming increasingly realistic.

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First published in outubro 2009
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