luxury market Meaning in the Cambridge English Dictionary
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Meaning of “luxury market” in the English Dictionary

"luxury market" in Business English

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luxury marketnoun [S]

uk   us   MARKETING
a ​market for ​expensivegoods that are not necessary but are ​bought for pleasure: The ​fashioncompany is ​trying to ​enter China's ​boomingluxurymarket. When it comes to ​cars, they ​focus on the ​luxurymarket.
(Definition of luxury market from the Cambridge Business English Dictionary © Cambridge University Press)
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