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Luxury goods are high-end products that are known for their exquisite quality, craftsmanship, and exclusivity. They are often associated with prestigious brands and are made from rare and expensive materials. Luxury goods are designed for customers who are willing to pay a premium price for items that are not only functional but also offer a form of status symbol. These items are typically characterized by their high price-point, high-quality materials, superior design, and exceptional customer service. The luxury goods market includes items like designer clothing, watches, jewelry, handbags, and cars, among others.
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