China's impact on Hong Kong's luxury goods industry has deepened, with rent in the top shopping streets dropping by 40%, the FT reports.» Read More
Fewer wealthy Russians have been shopping in Italian luxury brand Salvatore Ferragamo's European stores, its CEO told CNBC.
Paul James, global brand leader for luxury at Starwood Hotels Group, discusses the growth of high-end, premium travel brands and says the group is expanding fast and incorporating new technologies.
Michele Norsa, CEO of Salvatore Ferragamo, says there has been less traffic from Russians in European stores.
Jim Chanos, Kynikos Associates founder & president, explains why he is no longer long Macau casinos, and short Caterpillar.
Remy Martin just appointed its youngest-ever cellar master—who's making spirits you won't drink until 2114.
Luxury brands are mulling more inflation-busting price rises, in the face of strong foreign exchange headwinds and changing Chinese shopping habits.
Paolo De Cesare, CEO & President of Printemps, believes that rising levels of Asian tourists in Paris will give the department store a boost in sales.
Luxury baron Bernard Arnault, LVMH chairman & CEO, combined a host of luxury brands to build the LVMH conglomerate. Arnault explains how he uses design, production and innovation to build his global empire.
Trader-turned-comedian Raj Mahal isn't afraid to say he likes a little luxury. Here's why.
Citigroup analyst Oliver Chen said the accessories company's transformation could take multiple years.
A start-up company called Eleven James has launched a timepiece timeshare that allows customers to get a new luxury watch every couple of months for an annual fee.
CNBC's Robert Frank speaks to Randy Brandoff, Eleven James founder, about his business of renting luxury watches.
Would you spend $100 on a cocktail? How about $5,000? What's in the new trend of super-splurge cocktails.
Commerce along Rodeo Drive is no longer greased by oil money. Most of Beverly Hills' revenue comes from Chinese tourists.
British luxury brand Mulberry is to launch an "affordable" bag in a bid to turn around its misfortunes and boost growth.
Wealthy sunseekers looking for a holiday home will head to New York next month for the auction of the Bahamas' largest private island.
Christophe Georges, Bentley Motors president and CEO, presents the new highly tech-integrated 2014 Bentley Mulsanne.
A 5-star hotel will be built in a Ferrari theme park along with rides including the highest and fastest vertical accelerator in Europe.
Andrew Keith, President of Lane Crawford, explains why China's pullback in luxury spending won't impact the brand's expansion plans.
Saks is saying goodbye to safe fashions and hello to more unique—and more expensive—items, according to a report.