LVMH

These seven consumer goods companies outpaced the competition through equal parts acquisition and innovation.

AT&T Advanced Services will connect more than 4,500 LVMH locations worldwide in a multi-million dollar agreement.

The Apparel, Footwear and Accessories market is alive and well thanks to increased consumer spending in 2011. Plus, find out which companies hopped on the list when mainstays, like Liz Claiborne, made an exit.

The acquisition of Ole Henriksen is aligned with LVMH strategies, which include identifying brands with strong, long-term potential and helping them to capitalize on it.

He replaces Hans Joachim Honigfort who will retire in the fall after seven years with Coty and an accomplished career.

The findings of a recent Credit Suisse survey show that China is on course to become the world's second-largest consumer market by 2015, with the United States being first.

Reuters reporting on the findings of a Credit Suisse survey said that China is on course to become the world's second-largest consumer market by 2015, with the United States being first.