Luxury Brands
Luxury goods are products and services that are not considered essential and are associated with affluence. The concept of luxury has been present in various forms since the beginning of civilization. Its role was just as important in ancient western and eastern empires as it is in modern societies. With the clear differences between social classes in earlier civilizations, the consumption of luxury was limited to the elite classes.
Read more about Luxury Brands: History, Semantics, Economics, Socioeconomic Significance, Market Characteristics, Luxury Brands, Market Size, Market Trends, Luxury Department Stores, Luxury Shopping Districts
Famous quotes containing the words luxury and/or brands:
“We deny your internationalism, because it is a luxury which only the upper classes can afford; the working people are hopelessly bound to their native shores.”
—Benito Mussolini (1883–1945)
“Mistakes, scandals, and failures no longer signal catastrophe. The crucial thing is that they be made credible, and that the public be made aware of the efforts being expended in that direction. The “marketing” immunity of governments is similar to that of the major brands of washing powder.”
—Jean Baudrillard (b. 1929)