A luxury brand is a company that produces and sells high-end, exclusive products or services. These brands are typically associated with quality, elegance, and status, and they often cater to wealthy consumers who value the prestige of owning something rare and expensive. Luxury brands may offer unique designs, superior craftsmanship, and exceptional customer service in order to differentiate themselves from mass-produced products. Examples of luxury brands include high-end fashion designers like Chanel or Gucci, as well as companies that produce luxury cars, jewelry, watches, and other status symbols.