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Global luxury sector ends 2024 on strong note despite mixed results

A total of nine luxury companies announced their financial performance for the period ended December ****. In addition to a solitary nine-month performance from American company Ralph Lauren, four European luxury companies reported growth in their annual sales and profits for ****. With only one ‘Moderate’ and three ‘Weak’ performances reported, the net result reflected a ‘Strong’ luxury performance for ****.

Strong: Growth In Both Sales & Profits