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2010: A new peak for luxury goods consumption<br />

BOOM<br />

(DEMOCRATIZATION)<br />

CAGR 95-00<br />

11%<br />

11% 10% 4% 12% 18% 4% 0%<br />

CONSOLIDATION EXPANSION CRISIS<br />

CAGR 00 00-04<br />

1,4%<br />

Note: 2010 data continues be estimated (E) in this report as some privately privately-held companies do not<br />

finalize and report 2010 data until June or July 2011.<br />

-3%<br />

CAGR 04-07<br />

8%<br />

5% 8% 8% 6% -2%<br />

CAGR 07-09<br />

-5%<br />

-8%<br />

CAGR:<br />

5,5%<br />

REBOUND<br />

+12%<br />

2

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