More than any other industry, the luxury-goods business needs people to feel good about spending money. So at a recent conference in Moscow, Bernard Arnault, the head of Moeet Hennessy Louis Vuitton (lvmh), the world's biggest luxury-goods group, went to great lengths to dismiss investors' fears about the impact on the industry of America's credit crisis, a possible recession and the weak dollar. Indeed, Mr Arnault said he expects the industry's sales almost to double in the next five years, thanks to strong demand from emerging markets and the creation of new wealth across the globe.
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机译：奢侈品业务比其他任何行业都更需要人们对花钱感到满意。因此，在最近的一次莫斯科会议上，全球最大的奢侈品集团Moeet Hennessy Louis Vuitton（lvmh）负责人Bernard Arnault竭尽全力消除了投资者对美国信贷危机对行业的影响的担忧，可能的衰退和美元疲软。确实，阿诺特先生表示，由于新兴市场的强劲需求以及全球新财富的产生，他预计该行业的销售额在未来五年内将几乎翻一番。
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