Claim: In the 19th century, the industrialization of Europe gave rise to luxury brands, the term luxury comes from the Latin ´luxuria´ which means the ´extras of life, and the concept of luxury goods refers to have expensive, and exclusive goods.
Evidence: In the 19th century the industrialization of Europe gave rise to luxury brands, many of which are still existing today, such as Louis Vuitton (1854). The term luxury comes from the Latin ´luxuria´, which means the ´extras of life´. The concept of luxury goods refers to have expensive, exclusive goods.