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Between 2013 and 2015, the luxury goods market grew at the annual rate of 5 to 6%. The niche market of premium products and brands have been growing gradually in last couple of years. According to an estimate in 2015, the value of premium fashion market was USD 290 Billion. It is interesting to know that although luxury brands has the market all over the globe the top five brands are from France and Italy. The rest are from countries like the US, Switzerland and UK. Here are the Top five luxury fashion brands in the world. Louis Vuitton

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