What is luxury today?

Different times bring different trends, thinking and value systems. Thus, the flashy and flashy luxury of the 80s of the last century does not go well with today's minimalism, which is characterized by the motto "less is more". What does luxury represent to us today? Is it a trip, a family weekend get-together, a diamond or time that we steal for ourselves in a chaotic schedule? Why does our perception of luxury change over time and what defines the value of something that represents luxury?