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French "Textile News" recently reported that, according to Merrill Lynch analysts expect the luxury goods industry may soon find a growth path. According to the study shows that in 2010 total global sales of luxury goods will grow by 5%, estimated several major luxury goods group's profit margin will be a significant 17% increase in net operating income also increased 13%.

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Reports that Bain & Company's forecast for the luxury goods industry in 2010, a slight increase of 1%, 2011 growth of 4.5%. But Merrill Lynch believes that due to the current financial market situation has improved, a structural adjustment of enterprises, restructuring of the effect has been apparent since the beginning of 2009, 2010 will be better. Therefore, Merrill Lynch experts believe that the reason why luxury goods sales growth in 2009 to 7%, mainly from Asia into the vitality, expected part of the luxury products such as handbags and shoes, sales in 2010 will be further developed .

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