トピ：The market for the luxury-goods industry is on the decline. Recent reports show that a higher unemployment rate, coupled with consumer fears, has decrease the amount of money the average household spends on both essential and nonessential items, but especially on nonessential items. Sinece luxury goods are, by nature, nonessential, this market will be the first to decrease in the present economic climate, and luxury retailers should refocuse their attention to lower-priced markets.
The argument that the market for the luxury-goods industry is on the decline is not entirely logically convincing, since it ignores certain crucial assumptions.
First, the argument assumes that luxury goods are, by nature, nonessential, this market will be the first to decrease in the present economic climate, and luxury retailers should refocus their attention to lower-priced markets. This argument lacks sources or evidence and went directly to a generalization. There is not enough evidence can show that if the market decrease then luxury retailers should refocus their attention to lower-priced markets.
Second, the argument never addresses the point that the average sales' profit versus the gross profit of the luxurious items'. There is must be a big difference. This argument should make a comparison between these two things first,
Finally, the argument omits the other components of non essential categories. Non essential categories do not only contain luxury goods, but also contain other goods such as alcoholic drink, cigarette and so on.
Thus, the argument is not completely sound. The evidence in support of the conclusion that luxury retailers should refocus their attention to lower-priced markets does little to prove that conclusion, since it does not address the assumptions already raised. Ultimately, the argument might have been strengthened if the author could have shown that the argument can be stated specific market trends for a period of time.(233 words)
