Luxury Goods

The luxury goods industry is made up of the establishments that are primarily concerned with the manufacturing, marketing, distribution, and retailing of luxury goods to consumers. The majority of luxury goods are assumed to be at the high end of market prices and quality. The demand for luxury goods increases as income rises, as luxury goods are services and products that are not deemed essential for one’s basic needs.
Luxury goods may include, but are not limited to: watches, leather goods, jewelry, couture apparel, and certain automobiles, chocolate, wine, tea, and even bottled water.

The majority of markets presently in existence have a section of their market where the products are considered luxury goods. Luxury goods generate their elevated status due to their superior durability, increased quality, excellent performance, and/or stylish and appealing design. Typically, luxury goods are composed of more expensive and higher quality ingredients and materials, and more care is taken in their overall development. Because of their more dedicated compositions, luxury goods often retain their functioning purposes for longer periods of time than other, less expensive, substitutes.

Demand in this industry is directly linked to income of consumers, but the luxury goods industry it touted to have high “income elasticity of demand”. This refers to the principle that as the income of the consumer rises (creating wealth), they will invest more of their money in the luxury good market. This also comes with the stipulation that should income levels drop, as would the demand for these specific goods. The income elasticity of demand is not a constant standard, and undergoes much fluctuation.
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Apparel, Accessories & Luxury Goods in Europe

March 2013 · MarketLine Apparel, Accessories & Luxury Goods in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Apparel, Accessories & Luxury Goods in the United Kingdom

March 2013 · MarketLine Apparel, Accessories & Luxury Goods in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Canada

March 2013 · MarketLine Jewelry & Watches in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Europe

March 2013 · MarketLine Jewelry & Watches in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Global Jewelry & Watches

March 2013 · MarketLine Global Jewelry & Watches industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in the Netherlands

March 2013 · MarketLine Jewelry & Watches in the Netherlands industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Spain

March 2013 · MarketLine Jewelry & Watches in Spain industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Western Europe

March 2013 · MarketLine Jewelry & Watches in Western Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Apparel, Accessories & Luxury Goods in France

March 2013 · MarketLine Apparel, Accessories & Luxury Goods in France industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Apparel, Accessories & Luxury Goods in the United States

March 2013 · MarketLine Apparel, Accessories & Luxury Goods in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Asia-Pacific

March 2013 · MarketLine Jewelry & Watches in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in China

March 2013 · MarketLine Jewelry & Watches in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in France

March 2013 · MarketLine Jewelry & Watches in France industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Italy

March 2013 · MarketLine Jewelry & Watches in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in North America

March 2013 · MarketLine Jewelry & Watches in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in the United Kingdom

March 2013 · MarketLine Jewelry & Watches in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Apparel, Accessories & Luxury Goods in Asia-Pacific

March 2013 · MarketLine Apparel, Accessories & Luxury Goods in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Apparel, Accessories & Luxury Goods in Germany

March 2013 · MarketLine Apparel, Accessories & Luxury Goods in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Belgium

March 2013 · MarketLine Jewelry & Watches in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Eastern Europe

March 2013 · MarketLine Jewelry & Watches in Eastern Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Germany

March 2013 · MarketLine Jewelry & Watches in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in Japan

March 2013 · MarketLine Jewelry & Watches in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in South America

March 2013 · MarketLine Jewelry & Watches in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

Jewelry & Watches in the United States

March 2013 · MarketLine Jewelry & Watches in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2008-12, and forecast to 2017). € 259,00

J.C. Penney: A Transformation

January 2013 · MarketLine Ron Johnson joined J.C.Penney and transformed the company with seven key areas of focus: personality, price, promotion, product, presentation, place, and people. Johnson aims to save $900m by 2013. J.C.Penney has experienced consecutive ... € 369,00

Indonesia Sourcing Report: Fashion Jewelry & Accessories

July 2012 · Global Sources In-depth profiles of 30 major suppliers with a comprehensive look at their product and pricing strategy, manufacturing and export capability, verified contact details, and more – this information is not available anywhere else. € 89,00

China Sourcing Report: Jewelry & Watches

July 2012 · Global Sources In-depth profiles of 42 verified suppliers with a comprehensive look at their manufacturing and export capability, product and market focus, verified contact details, and more. € 249,00

Philippines Sourcing Report: Fashion Jewelry & Accessories

October 2011 · Global Sources In-depth profiles of 26 verified suppliers with a comprehensive look at their product and pricing strategy, manufacturing and export capability, product and market focus, verified contact details, and more. € 89,00
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