The luxury goods market, which was booming between 2003 and 2007, faltered in 2008, and Eurostaf, a research agency, says that it probably shrank also in 2009. From 2003 to 2007, Eurostaf found that luxury goods grew by 7.5 percent annually. In 2008, however, that growth nearly stopped, hitting 0.3 percent, and was probably negative for 2009. Eurostaf did note that leathergoods, sold by such companies as Louis Vuitton, Gucci and Hermès, probably have suffered less than other sectors, such as tableware, champagne and jewelry.