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LVMH
Acquired
**Concepts of luxury **
Luxury is a necessity that begins where necessity ends. It's about fulfilling your own goals intrinsically instead of social signaling. However, the purpose of luxury is to signal your standing in the world, which is an essential part of humanity. It can be conveyed through different ways and ranges from luxury fashion to durable leather goods or cars. The key aspect of luxury products is that their value and status is durable over time.
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