luxury goods
High-end merchandise
Luxury goods are products valued for their quality, prestige, or exclusivity rather than mere utility—designer handbags, fine jewelry, premium automobiles.
Unlike necessities, demand for luxury goods rises disproportionately as income increases: The luxury goods market thrives when the wealthy feel confident.
The category includes both durable items and consumables like champagne or caviar.
- status symbolsObjects signaling wealth
- old moneyLong-established family fortune
- haute coutureCustom luxury dressmaking
- price tagDisplayed cost marker
- conspicuous consumptionFlaunting wealth through purchases
red carpet · exclusive · designer · craftsmanship · provenance · high-end · fine jewelry · Swiss watch · prestige · bespoke · artisanal · affluence · private jet · silversmithing · yachts · first class · premium · lapidary
- consumerismconsumerism, consumers, consumer, shopping, buying
- special cargohazardous materials, perishables, live animals, oversized cargo, refrigerated cargo
- retail productsappliances, electronics, clothing, shoes, toys
- industriesbusiness, factories, education, health, supply chain
- discretionary spendingentertainment, dining out, eating out, vacations, travel
- duty-freeduty-free shops, liquor, cigarettes, cosmetics, fragrances
luxury goodsnecessities
What you cannot lack
essentials · staples · bare essentials · basic needs · bare necessities
goods, luxury, luxurious, deluxe, sumptuous, luxuries, luxuriant, luxuriate, luxuriously