There are however certain products marques who despite their lack of luxury good sales still enjoy the prestige of a luxury brand.
The automobile manufacturer Hummer is an example of such a marque. Even though none of the vehicles in the Hummer line-up meet the requirements to be classified as a luxury car.
Another market charaterictic of luxury goods is their very high sensitivity to economic upturns and downturns, high profit margins as well as prices, and very tightly controlled brands.
Other guidelines may apply to certain luxury markets such as the luxury vehicle market.
For example, following a nearly crippling attempt to widely licence their brand in the early 1990s, the
The
Other market leaders in include the
Locations
Like other sectors of the retail market, luxury goods retailers like to cluster their stores closely together in order to create a shopping "destination."
In the case of luxury goods, these areas are generally perceived to be centers of
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* Rodeo Drive, Beverly Hills, California
(Los Angeles area)
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Moscow
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York City
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Paris
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Current luxury car manufacturers
These are luxury car manufacturers whose models are currently on the market.
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