Asian Demand Is "Fat" LV
In this year's Forbes rich list, France's richest man Bernard Arnaud has been promoted to fourth place. He is the world's largest.
Luxury goods
Louis Weedon, chairman of the company, has a total assets of 41 billion US dollars, up three from last year's ranking, and its value has risen by 13 billion 500 million US dollars.
For the impressive achievements of the fashion empire, Forbes said that the growth of wealth in the Asia Pacific region has been promoted.
Louis Vuitton
And so on.
The company's share price touched a low of 40 euros in the first quarter of 2009, and has climbed by more than 185% to 114 euros today.
According to McKinsey statistics, China's luxury spending will double by 2015, surpassing Japan to become the largest in the world.
Famous brand goods
Market.
Including clothing, luggage, watches and jewelry, by 2015, China's luxury goods sales are expected to rise from 80 billion yuan last year to 180 billion yuan (27 billion US dollars), equivalent to 20% of the global luxury market.
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