No Downturn for Luxury Goods Market

Despite the sluggish global economic outlook, the luxury goods industry still has a positive outlook, with double-digit sales growth predicted for 2011.
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/129458382.jpg" alt="Claudia D' Arpizio of Bain & Co. speaks during the Altagamma Observatory in Milan, Italy, Oct. 17. The Fondazione Altagamma, an association of Italian luxury producers, released a report yesterday forecasting further growth in the luxury goods industry. (Vittorio Zunino Celotto/Getty Images)" title="Claudia D' Arpizio of Bain & Co. speaks during the Altagamma Observatory in Milan, Italy, Oct. 17. The Fondazione Altagamma, an association of Italian luxury producers, released a report yesterday forecasting further growth in the luxury goods industry. (Vittorio Zunino Celotto/Getty Images)" width="225" class="size-medium wp-image-1796255"/></a>
Claudia D' Arpizio of Bain & Co. speaks during the Altagamma Observatory in Milan, Italy, Oct. 17. The Fondazione Altagamma, an association of Italian luxury producers, released a report yesterday forecasting further growth in the luxury goods industry. (Vittorio Zunino Celotto/Getty Images)
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