Luxury goods are internationally defined as "a kind of consumer goods with unique, scarce and exotic characteristics that exceed people's survival and development needs", also known as non-necessities of life. In economics, luxury goods refer to products with the highest value/quality ratio. From another perspective, luxury goods refer to the products with the highest ratio of intangible value to tangible value.

In the English dictionary, Luxury means luxury and Luxus. Luxus is a Latin word, which originally meant "extremely fertile" and later evolved into waste and excess. Most European languages have absorbed this concept. To be exact, it is used to describe the expenditure and lifestyle of some aspects beyond the necessary level in the production and use of various commodities.

Extended data:

If luxury goods are classified, there are probably the following parts:

1. Jewelry: Cartier, Tiffany, etc.

2. Watches: Vacheron Constantin, Count, Jaeger-LeCoultre, Wan Guo, Rolex, Patek Philippe, etc.

3. Clothing and handbags: LV, Chanel, Versace, Prada, Armani, Gucci, Hermes, etc.

4. Alcohol: remy martin, Martell, Hennessy, Chivas Regal, etc.

5. Luxury yachts: Jarno Jeannot, Riva, Bonnardeau Beneito, Princess, Bettoia.

6. Luxury cars: Rolls-Royce, Lamborghini, Ferrari, Bentley, Mercedes-Benz, BMW, etc.

7. Cosmetics: Lancome, Estee Lauder, Dior Dior, etc.

Baidu encyclopedia-luxury goods

Baidu encyclopedia-luxury management