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the owner of Brands including Louis Vuitton Dior and Tiffany is riding a surge in luxury spending the sector is seeing major growth in the U.S and among Chinas middle class in particular lvmh has seen its share price increase tenfold over the past decade now lets just take a look at Europes most valuable companies uh so you can see lvmh tops the tree by some distance in terms of market capitalization its actually just dipped below 500 billion dollars since Crossing that threshold earlier in the week second is Danish Pharmaceuticals multinational Novo Nordisk and then in third is the worlds largest Cosmetics company LOreal so notably no Tech firms or energy firms in the top three in Europe and as I mentioned lvmh has benefited from a booming luxury goods Market have a look at how thats grown over the past decade it took a big hit during the pandemic as you can see here but is now surging once again way past pre-pandemic levels but we can now speak to erwan rombo who is global hea