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.

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This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.