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Luxury
(redirected from Luxury goods)

    Also found in: Dictionary/thesaurus, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Luxury
A good or service not considered essential. Examples of luxuries include massages, gold watches and sail boats. Luxuries are often, but not always, fairly expensive. Luxury industries tend to be fairly prone to hard downturns during a recession. For example, if one is concerned for one's own job security, one is less likely to splurge on a massage. However, some luxury products, such as custom yachts, are considered recession-proof because they only appeal to the ultra-wealthy, who remain wealthy even in hard times.
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With the revolutionary concept of penny auction websites, we can all now access high-end luxury goods and services at unbelievably low prices.
How Penny Auctions Work by zachariahjay / Advertising, marketing, public relations community
Sales of luxury goods in China are forecast to rise 12 percent this year, a global consulting firm said Wednesday, bucking the downward trend seen in other major markets hit hard by the financial crisis.
China luxury sales to rise 12 pct in 2009: study by AFP / AFP Asian Edition
Sales of luxury goods in China are forecast to rise 12 percent this year, a global consulting firm said Wednesday, bucking the downward trend seen in other major markets hit hard by the financial crisis.
China luxury sales to rise 12 pct in 2009: study by AFP / AFP Global Edition
 
 
 
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