NAICS Code 424990-78 - Premium Goods (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Verified Companies: 17
Contact Emails: 85
Company Websites: 11
Phone Numbers: 17
Business Addresses: 17
Companies with Email: 11
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NAICS CODE 424990-78
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Looking for more companies? See NAICS 424990 - Other Miscellaneous Nondurable Goods Merchant Wholesalers - 3,209 companies, 10,398 emails.

NAICS Code 424990-78 Description (8-Digit)

The Premium Goods (Wholesale) industry involves the distribution of high-end, luxury products to retailers and other businesses. These products are typically of superior quality and are often associated with luxury brands. The industry includes a wide range of products, such as designer clothing, high-end electronics, luxury watches, fine jewelry, and other luxury goods. Companies in this industry often work closely with manufacturers and designers to ensure that they are offering the latest and most desirable products to their customers.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424990 page

Tools

Tools commonly used in the Premium Goods (Wholesale) industry for day-to-day tasks and operations.

  • Inventory management software
  • Customer relationship management (CRM) software
  • Point of sale (POS) systems
  • Shipping and logistics software
  • Data analytics tools
  • Product design software
  • Supply chain management software
  • Sales forecasting tools
  • Quality control software
  • Marketing automation software

Industry Examples of Premium Goods (Wholesale)

Common products and services typical of NAICS Code 424990-78, illustrating the main business activities and contributions to the market.

  • Designer clothing
  • High-end electronics
  • Luxury watches
  • Fine jewelry
  • Luxury handbags
  • Premium cosmetics
  • Luxury home goods
  • High-end furniture
  • Luxury automobiles
  • Fine art and collectibles

History

A concise historical narrative of NAICS Code 424990-78 covering global milestones and recent developments within the United States.

  • The Premium Goods (Wholesale) industry has a long and rich history dating back to ancient times when luxury goods such as spices, silk, and precious metals were traded across continents. In the 19th century, the industrial revolution brought about mass production of luxury goods, making them more accessible to the middle class. In the 20th century, the industry saw significant growth due to globalization and the rise of consumerism. In recent years, the industry has been impacted by the COVID-19 pandemic, which has caused disruptions in the supply chain and changes in consumer behavior. In the United States, the Premium Goods (Wholesale) industry has a more recent history, with the rise of luxury brands in the 1980s and 1990s. The industry has seen significant growth in the past decade due to the rise of e-commerce and the increasing demand for luxury goods from emerging markets. However, the COVID-19 pandemic has caused a decline in sales, with many retailers closing their doors and consumers cutting back on discretionary spending. Despite these challenges, the industry is expected to rebound in the coming years as the economy recovers and consumer confidence returns.