In Sonoma County, luxury listings are up nearly 90 percent year over year, according to Sotheby's.» Read More
CNBC's Simon Hobbs reports Hyatt Hotels will open its new flagship for its luxury brand hotel in New York City today.
Billionaire Ron Perelman is suing gallery owner Larry Gagosian over an April 2011 agreement to sell a piece of artwork.
Italian designer Roberto Cavalli is in talks to sell a majority stake in his fashion house to VTB Capital, according to sources close to the company.
An Indonesian man sold millions of dollars of fake French wine to the wealthy was sentenced to 10 years in jail in Manhattan federal court.
Gold-colored Bugatti's cruise along London's streets. "The season" during which rich Arab boy racers come to flaunt their cars is upon us.
Dana Telsey, CEO & Chief Research Officer at Telsey Advisory Group, says Tuesday's better-than-expected earnings doesn't mean that Coach has emerged from its transition period.
Coach reported better-than-expected revenue, helped by a 7 percent rise in sales of its clothes, shoes, and handbags in international markets.
Auction house Christie's is offering a night's stay at Highclere Castle, the setting for PBS's period drama Downton Abbey.
Faye Landes, director and senior retail analyst at Cowen & Co., expects Michael Kors to report "robust" top line growth and profitability.
Aston Martin's President of the Americas Julian Jenkins, discusses the range of customers and state of the luxury auto market.
Regulators are considering new rules to make pot-infused treats look different even when they're out of the packages.
John M. Scott, Belmond CEO, discusses the evolution and rebranding of Orient Express into luxury hotels and river cruises.
Car thieves are acquiring richer tastes, targeting luxury cars like Mercedes-Benzes and Range Rovers that are shipped overseas.
LVMH posted lower profits and margins on the back of a 3 percent rise in first-half sales that came in below expectations.
Nick Hayek, CEO of Swatch Group, says the luxury watch company could see a short-term impact from tougher Russia sanctions.
Top designer Christophe Lemaire is leaving Hermes in the fall to focus on developing his eponymous fashion label, the French luxury group said.
Jean-Christophe Babin, CEO of Bulgari, explains why the luxury brand is big on Singapore. He also discusses its strategy in Asia which comprises of a "balanced mix of all nationalities."
Richard Mille has taken prices, and watchmaking, to a new extreme with his latest watch, which touts a $2.2 million price tag.
The rich are buying expensive cars at a record pace, and one manufacturer has limited production to maintain exclusivity. NBC News reports.
CNBC's Christine Tan speaks to the father and son team behind Swiss watchmaker Patek Philippe on why it's taking its time to expand in China.