Luxury Brands - History

History

With increasing "democratization", several new product categories have been created within the luxury market, aptly called "accessible" or "mass luxury". These are meant specifically for the middle class (in this context, sometimes called the "aspiring class"). Because luxury has now diffused into the masses, defining the word has become difficult.

Read more about this topic:  Luxury Brands

Famous quotes containing the word history:

    “As History stands, it is a sort of Chinese Play, without end and without lesson.”
    —Henry Brooks Adams (1838–1918)

    “A people without history
    Is not redeemed from time, for history is a pattern
    Of timeless moments.”
    —T.S. (Thomas Stearns)

    “The history of a soldier’s wound beguiles the pain of it.”
    —Laurence Sterne (1713–1768)