By  on October 19, 2010

MILAN — “From hell to heaven in 18 months,” said Bain & Co. partner Claudia D’Arpizio of the luxury goods industry’s trajectory from the gloom of the 2009 recession to the recovery in 2010.

“The market survived its worst crisis in 15 years and now seems to be in good shape,” D’Arpizio said in presenting Bain’s study on Monday during a convention organized by Italy’s luxury goods association Altagamma.

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