Elvis Presley's private jet is set to hit the auction block in Beverly Hills. Bidding starts Saturday at $10,000 and is expected to sell for more than $2 million. » Read More
By: Louise Connelly
A vintage Rolex wristwatch sold at Phillips in Geneva for $5,060,427, becoming the most expensive Rolex ever auctioned. » Read More
By: Yen Nee Lee
An artwork by Haitian-American painter Jean-Michel Basquiat sold for $110.5 million – a new record for any U.S. artist at auction. » Read More
Wall Street is planning to cut back on luxury spending even more this year, says Turney Duff. There's still too much fear about what's ahead.
Indian-American designer Naeem Khan talks about how his heritage inspires his work, and how the first lady helped bring it to the world.
The Tesla CEO suggests the Tesla Network would allow car owners to take on the ride-hailing companies themselves.
Foreign shoppers have been able to scoop up some compelling bargains in the UK due to the plummeting pound.
Northacre CEO, Niccolo Barattieri di San Pietro talks about the property market in the U.K., with comment on the ultra-high net wealth customer.
The German automaker says its new 'X-Class' will hit showrooms in Australia, Brazil, Argentina, South Africa and Europe late next year.
Some passengers at Singapore's Changi Airport are shelling out -- in some cases more than a hundred thousand dollars -- for a bottle a flight.
Michelle McGrade, chief investment officer at TD Direct Investing, weighs in on what is driving the luxury sector, saying that Chinese consumers account for a third of the luxury brand market.
The global luxury market is estimated to grow 4 percent in 2016, according to Bain & Company’s latest study. Claudia D’Arpizio, partner at Bain & Company, discusses.
Looking at Europe’s earning season, IHS-Markit Analyst, Simon Colvin, breaks down which stocks investors should watch when it comes to luxury.
Plum is a new wine countertop appliance that allows customers to have a wine-by-the-glass experience.
A stay at this Indonesian resort costs as much as $12,000 a night, but an Instagram account is helping them book rooms.
In order to end the flow of conflict diamonds, jewelry makers are jumping on a new trend of "ethically sourced" jewels.
For some, vintage cars aren't only an expensive hobby. They're an investment that can easily outperform the frothiness of stock markets.
CNBC's Robert Frank reports on the price decline in Miami luxury condos.
Rich shoppers shell out more of their money on pricey cars and luxury travel, but not as much on personal high-end goods.
The average sale price for higher-end condos in the Miami area fell by 30-percent in the third quarter compared to a year ago.
Jonny Forsyth, global drinks analyst at Mintel, discusses different environments in Perno Ricard's regional markets.
Xavier van Hove, investment director at GAM, discusses Burberry's second-quarter sales data, as well as the company's share price drop.
Richard Hunter, head of research at Wilson King Investment Management, comments on luxury fashion brand Burberry and how it may benefit from weak sterling.
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