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Luxury goods is said to have cropped up in most product categories, with "premium" versions of common items such as handbags, jeans, vehicles, and more receiving a great deal of attention for their exorbitant values. While so-called "brand name" products-which might be the main focus of globalization of the fashion economy, they appear to have recently branched out from products that were mainly acquired by the affluent to products like lab-grown diamonds that might be acquired by middle class families as well. In short, they might have become objects of desire regardless of social status.
Because their primary consumer base might not affected severely by economic hardships, the values of luxury goods might be able to maintain a consistency not found in other goods. Check disclaimer on profile and landing page.