The financial management and advisory consultant, Merrill Lynch, has said it is expecting Europe’s leading luxury goods groups to expand faster than any of the world’s seven largest economies over the next three years.  The firm’s luxury goods analyst, Antoine Colonna, has predicted that listed and unlisted firms will register like-for-like sales growth of between 3.5 and 4%, compared with forecasts for annual GDP growth of 2% among the G7 nations.

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