When they were tearing down the building, I kept two Links of London Sale . I use mine for a doorstop," she said.She said a Mass in memory of her parents was held at St. Joseph's Church on Dec. 11, the quarter-century anniversary of her mother's death."Mom and Dad are my angels in heaven. They'd want me to donate to the Gazette Santa to help children."In its 72nd year, the T&G Santa Fund collects thousands of donations from generous readers and area residents to help buy toys for children in need in Central Massachusetts.Children 12 and younger who would otherwise not receive any holiday gifts are eligible to receive two toys each. When signing up at an area agency, parents or guardians should bring personal identification for each family member and proof of address and income.No applications will be accepted directly by the T&G.Area agencies accepting applications for assistance include: the Salvation Army, Catholic Charities Family and Children's Services of Southbridge, Gardner Community Action Committee, WHEAT Links of London Necklaces Services and Winchendon Community Action Committee."The luxury sector was the sector to be in in 2010," says Caroline Reyl, who manages a [euro]1 billion-plus luxury-focused Premium Brands fund for Pictet, an asset management company in Zurich. In its latest global survey on the luxury goods industry, consultants at Bain estimate U.S. luxury sales will grow 12% this year-including a remarkable 22% gain for fancy shoes and other branded leather goods.While many on Main Street are struggling, companies that sell to the biggest spenders-from Tiffany & Co. to Cartier and Louis Vuitton to Remy Cointreau-are having themselves a merry little Christmas.Luxury sales are surging here and abroad. Profits are widening. And stocks are flying high.How high? Take a look at our chart.Last summer (with impeccably bad timing) fund manager Guggenheim/Claymore wound up the Claymore/Robb Report Global Luxury Index exchange-traded fund, which Links of London Raindance Silver Pendant a broad basket of the world's top luxury stocks.With the help of company filings and data from FactSet, I've reconstructed it. And as you can see, if the fund were still around it would be zooming."The luxury sector was the sector to be in in 2010," says Caroline Reyl, who manages a [euro]1 billion-plus luxury-focused Premium Brands fund for Pictet, an asset management company in Zurich. "Our fund is up 44% this year. We're slightly above our peak from 2007."What are the reasons? Some of this is a stock market effect, she says. Luxury stocks have been playing catch-up after plummeting during the crash.But the really interesting story relates to the fundamentals. Luxury goods companies are selling to the two groups of people who have any money left: The rich, who are getting richer and richer, and consumers in emerging markets, who are getting richer."About 40% of the sales of premium brand companies are related Links of London Red and White and Black Valentine Bracelet the emerging market consumer," says Ms. Reyl. Boats are carrying a lot of Swiss watches, cases of champagne and fancy Italian shoes to the newly-wealthy in China, Brazil and India. And emerging market tourists are picking up a lot of luxury goods when they travel.
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