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European Luxury-Goods Makers Riding High

Strong demand in developing markets and around the globe is lifting sales, and valuations, for luxury-goods makers.

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Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. I'm pleased to be joined today by Paul Swinand and Joscelyn MacKay, the securities analysts of Morningstar. We're going to take a closer look at the European luxury-goods makers; see if there is any values there and what the future might hold for these firms. Paul, Joscelyn, thanks so much for joining me today.

Joscelyn MacKay: Thank you.

Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.