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Economists and policy makers have been warning anyone who is willing to listen links of london charms a sustained period of austerity is imminent. But nobody remembered to tell the global luxury industry. The austerity of the times seems to have largely bypassed a sector Links of London Heart Charm relies on people being eager to spend large amounts of money on things that they do not really need. Paraphrasing Frank Sinatra, who appreciated top-quality craftsmanship, luxury groups can say that Links of London Horseshoe Charm was a very good year. The latest set of results released by firms such as Burberry, LVMH, Rolls Royce or Richemont, indicate that not buying a signature shoe or a vintage wine is a luxury that some people cannot afford. Much of the good work reported by the luxury sector can be attributed to a natural catch-up Links of London hot Pink Heart Charm 2009, when, according to Bain, sales fell by 8% as the global crisis reached its nadir. But analysts contend that the sector has several competitive advantages that make it especially attractive even though the global economy is going through an upheaval.Growing wealth in emerging markets, particularly China, prompts a rise in consumer demand for designer clothes, expensive watches and flashy cars. Rodrigo Amaral examines the conditions that support the stellar performance of the luxury goods sector.