An insatiable appetite for high-end merchandise is fueling a boom in luxury spending. From fast cares to expensive shoes, companies are cashing in on the new business of bling.
Surprising new shopping trends and unexpected gender twists are pushing big name luxury brands to new heights. A new breed of big spenders is out in full force, where men shop like ladies and women spend like men. Beyond the role reversal there's a new group of shoppers with a spending habit that's setting the luxury world on fire. From the retail front lines, CNBC's Courtney Reagan goes one-on-one with Ferrari, Coach and other iconic brands to reveal how major brands are benefiting from a luxury boom.