welcome back from cnn hong kong and cnn london. you re watching world business today. things seem to be looking up in the financial world. how about the luxury business? will high ends goods companies repeat their strong performance of 2010? we take a look at our first installment of the week long series on luxury living. reporter: the luxury sector may have been able to stave off the worst effects of the recession. still this is not the time for complacency. brands are feeling the pressure to innovate and push boundaries to retain their healthy hue. the heritage luxury brands like louis vuitton and aramis have been really smart about their offering and about concentrating on what they do best and products that are almost beyond fashion, and that has positioned them extremely well over the last two years and probably going forward because it gives them a base on which they can build fashion