John Stensholt, the Australian Financial Review, talks about how some of the richest individuals in Australia are surprisingly from "old economy" businesses. » Read More
By: Lauren Thomas
Trump SoHo's corporate bookings were down to 11 events this year, with fewer well-known names, WNYC reports. » Read More
By: Lauren Thomas
Tiffany attributed the first-quarter sales declines to lower spending by both foreign tourists and local customers in its Americas region. » Read More
Martin Currie Fund Manager, Michael Browne talks about the state of luxury brand Richemont following its earnings.
Luxury goods group's CEO and CFO will step down along with nearly a third of its board members as it tackles chronic low demand.
Chinese consumers' jewelry tastes have become more sophisticated in the past three decades, says Cartier Jewelry International's Corentin Quideau.
Stacey Widlitz, president at SW Retail Advisors, discusses fashion brands Hugo Boss and Next.
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.
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