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. » Read More
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. » Read More
Wealthy Londoners are choosing to rent homes due to several factors, including higher stamp duty and uncertainty over the UK's referendum on EU membership.
New York Times columnist and CNBC contributor Jim Stewart discusses the significance of foreign luxury automakers getting into luxury SUV market.
Ellen Bettridge, vice president of Azamara Club Cruises, describes the firm's new program that allows travellers to spend more time in ports than any other cruise line.
China is cutting customs duties, while luxury brands are aligning their prices worldwide to deal with price imbalances, says Bluebell Group CFO, Pierre Buet.
Chinese luxury consumers are a lot more discerning now, says Bluebell Group CFO, Pierre Buet.
Tom Porcelli, Chief U.S. Economist at RBC Capital Markets, talks about how slowing luxury spending could be sending a warning sign for the rest of the economy.
Discussing the property value in Miami versus Boca Raton in Florida, with Senada Adzem, Douglas Elliman Real Estate.
CNBC's Bob Pisani looks at Bank of America and Wells Fargo earnings, and a profit warning from Burberry.
The British brand says its second-half sales were hit by the challenging luxury market.
CNBC's Robert Frank gives a peek into the new arms race in luxury real estate: the movie trailer.
CNBC's Robert Frank reports from a $55 million yacht where you can not only watch movies outside but play golf.
Los Angeles Lakers' Kobe Bryant wraps up 20 years on the court. CNBC's Landon Dowdy reports Bryant is the highest paid NBA player this season.
While Jim Lebenthal of Lebenthal Asset Management believes in the bull case for Tiffany, the FMHR traders are not too sure. Stephanie Link, TIAA Equities, thinks there is "not enough visibility" on Tiffany in the next two quarters.
From China woes to a shift in consumer tastes; the raft of headwinds weighing on luxury means the sector may be forced to embrace a new normal.
Luca Solca, head of luxury goods at Exane BNP Paribas, says the luxury sector has to adjust its cost profile as it faces a new normal in global markets.
A rare pear-shaped, vivid pink diamond will go up for auction in Geneva next month.