Despite this tremendous development and the success story of numerous luxury brands throughout the world, it is a challenge to estimate properly the scope and the boundaries of the luxury industry. Consulting firms often distinguish different sectors by products or services. Personal goods, which include fashion, leather goods, watches, jewellery, and cosmetics, are usually the core of the attention of managers and scholars discussing luxury.
This article by Pierre-Yves Donzé is a selection from The Oxford Handbook of Luxury Business, edited by Pierre-Yves Donzé, Véronique Pouillard, and Joanne Roberts.
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