Luxury items are products that are not essential but are highly desired for their quality, craftsmanship, and exclusivity. These items often come with a high price tag and are associated with a certain lifestyle or status. Examples include designer clothing, high-end watches, and premium cars, which are often made from rare materials and showcase exceptional design. The appeal of luxury items lies in their ability to convey wealth and sophistication. Brands like Louis Vuitton, Rolex, and Ferrari are known for their luxurious offerings, which often feature limited editions or bespoke options. Owning such items can symbolize success and personal achievement.