In Sonoma County, luxury listings are up nearly 90 percent year over year, according to Sotheby's.» Read More
Ferrari interim CEO Enrico Galliera says customers are both buying in cash and financing its automobiles.
Jean-Claude Biver, chairman of Hublot, says Apple is poaching the watchmaker's talent to work on the expected iWatch.
Jean-Claude Biver, chairman of Hublot, says to maintain exclusivity, you have to keep the customer waiting.
A technician for a luxury car dealership wrecked an Enzo Ferrari, dealing significant damage to the rare car owned by a multimillionaire.
An extremely rare Stradivarius viola failed to get the asking price of $45 million, Sotheby's said.
The owner of a yacht that burst into flames near San Diego on Thursday said he's lost "the most beautiful boat" ever made.
Coach is taking a beating from Wall Street after issuing disappointing guidance. Eric Beder, Brean Capital, and David Seaburg, Cowen & Company, discuss if this is a buying opportunity. Seaburg says Coach has lost its customer base and has no sales momentum.
A new lawsuit says GM should compensate millions of car and truck owners for lost resale value.
Competition to secure a private plane for the World Cup is heating up as Brazilian airports fill up.
Dunkin' Donuts CEO says its sandwiches are snacks, not lunch.
IPOs and the mass of acquisitions in tech are producing a newly rich class; money managers fight to handle the wealth.
GM announced four more recalls, raising number of recalls to 34.
Paul Swinand, Equity Analyst at Morningstar, highlights the strengths of the Italian luxury brand, which was unable to boost first-quarter retail sales.
Patrizio di Marco, Gucci CEO, discusses the performance of the luxury retail market during a China slowdown and an uncertain U.S. economy. He also weighs in on the European consumer.
The new Vertu smartphone has a 7,900 euro price tag reveals Max Pogliani, CEO of Vertu, refuting claims that it's style over substance as the phone is equipped with "state of the art technology".
Vastly expensive Russian artwork will attract rich buyers to the U.K. today, where Russia Art Week kicks off.
Justin Lahart, WSJ Heard on the Street reporter, weighs in on the sentiment of the luxury retailer and consumers.
Enrico Galliera, Ferrari VP of commercial & marketing, provides insight to its new model "California T" convertible. The car will sell for approximately $198,000.
The oceanfront resort made famous in "Some Like it Hot" has sold in a deal that values its rooms in excess of $1 million each.
More wealthy people in Asia, Africa and the Middle East are choosing 'authentic experiences' over material possessions, a Mastercard survey shows.