A U.S. judge has held Bank of China in contempt for refusing to give account details of companies accused of selling counterfeit goods.» Read More
Torsten Muller-Otvos, CEO of Rolls-Royce Motor Cars, says the carmaker saw a record year in 2014 as great sales performances in the Middle East and Europe offset the decrease in China.
Call them the Burgundy Bandits. Thieves in San Francisco are targeting high-end restaurants in a search for Domaine de La Romanee-Conti, a pricey Burgundy.
Moet & Chandon's bubbles will rise as the ball drops on New Year's Eve at Times Square at the stroke of midnight.
Luxury fashion brands sashayed their way to substantially more YouTube views in 2014, but they still have a lot of runway ahead.
Incoming Hudson's Bay CEO Storch said the Internet, value and luxury goods will be the most important retail themes of 2015.
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
While Ferraris claimed all but one of the top 10 spots for the most expensive cars auctioned in 2014, Ferraris were not the biggest gainers in terms of price.
Despite a slowing economy, Europe still presents opportunities for robust growth, the chief of America's biggest jeweler, Tiffany & Co., told CNBC.
Formula 1 fans have flocked to an auction of items relating to British team Marussia, following its fall into administration.
No matter how you look at it, 2014 was a record-breaking year for luxury goods. A look back at the "mosts."
From a $147 million Hamptons estate to a $38 million Ferrari, the most sought-after status symbols and collectibles reached an entirely new level.
Jackson Wong, Associate Director at United Simsen Securities, discusses news that French luxury retailer LVMH may be eyeing handbag maker Coach.
With outbound travel in China still at its infancy, the future of the luxury sector will continue to revolve around the mainland, says Erwan Rambourg, Head of Consumer and Retail at HSBC.
Five luxury labels accounted for nearly 70 percent of desktop and mobile market share through August, a report by PM Digital says.
It's the holiday season which, to some, means it's time to splurge. Here's a look at a few items on this season's most-wanted wish list.
Shares of Italian fashion house Prada have lost over a third of their value this year, raising questions over whether the brand is going out of style.
Automakers are on track to sell one million high-end cars this year. CNBC's Phil LeBeau breaks down which expensive models customers are buying.
Jackson Wong, Associate Director at United Simsen Securities, says the Italian fashion house is seeing declining sales on the back of China's anti-corruption efforts.
Francis Gouten, Director at Gouten Consulting, says the pro-democracy movement is worsening the downturn in Hong Kong retail and services.
McLaren's CEO said the company's top secret McLaren P13 car will debut at the New York Auto Show in April.