The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world.

Big luxury is churning out big returns for investors these days. Emerging markets' new demand for high-end items is producing high flying results, particularly in China, Brazil, and Indonesia. One of the most interesting trends is that men are increasingly becoming target shoppers for luxury goods manufacturers. Those investors that keep their ear to the street can figure out which companies are best positioned to benefit here.

Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Coach. Motley Fool newsletter services recommend Coach. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.