luxury item(s); nonessential expensive goods or services (e.g., jewelry, luxury cars).
高級時計は典型的な贅沢品だ。
A luxury watch is a typical luxury item.
最近は贅沢品にかけるお金を減らしている人が多い。
Recently many people have been spending less on luxury goods.
旅行は贅沢品ではあるが、心のリフレッシュには有効だ。
Travel is a luxury, but it's effective for refreshing the mind.