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In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. [1] .
Hermès International S.A. ( / ɛərˈmɛz / ⓘ er-MEZ, French: [ɛʁmɛs] ⓘ) is a French luxury design house established on 15 June 1837. It specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewelry, watches and ready-to-wear. Since the 1950s, its logo has been a depiction of a ducal horse-drawn carriage. History.
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LVMH Moët Hennessy Louis Vuitton (French: [mɔɛt‿ɛnɛsi lwi vɥitɔ ]), commonly known as LVMH, is a French multinational holding and conglomerate specializing in luxury goods, headquartered in Paris.
According to 2007 Global Luxury Survey by Time magazine, most luxury goods buyers in China buy luxury products as a status symbol. The top five luxury watch brands in the country are Rolex , Omega , Cartier , Vacheron Constantin , and Breitling .
العربية Azərbaycanca ব ল Беларуская Беларуская (тарашкевіца) Dansk Español Esperanto فارسی Pages in category "Luxury brands" The following 200 pages are in this category, out of approximately 519 total. This list may not reflect recent changes.
Compagnie Financière Richemont S.A., commonly known as Richemont, is a Switzerland-based luxury goods holding company founded in 1988 by South African businessman Johann Rupert. Through its various subsidiaries, Richemont produces and sells jewellery, watches, leather goods, pens, firearms, clothing, and accessories.
Louis Vuitton is one of the world's leading international fashion houses. It sells its products through standalone boutiques, lease departments in high-end departmental stores, and through the e-commerce section of its website. [5] [6] For six consecutive years (2006–2012), Louis Vuitton was named the world's most valuable luxury brand.
