Luxury retailers are getting pinched, as the economic slowdown and stock market volatility in China dampen spending among wealthy consumers. CNBC's Courtney Reagan reports.» Read More
A wife bonus might be distributed on how well her husband's fund had done and her own performance, the NYT reports.
Ferragamo CEO, Michele Norsa, says that despite a slowdown in Russia, he expects business there to rebound within the next 6-12 months.
Tequila fans might be fond of an occasional tasting flight—but now one company is offering something a little different for high-flyers.
It dates back to the seventh century, but today Byfleet Manor is better known as the home of the Dowager Duchess in “Downton Abbey.” It's gone on sale for $6.12 million.
A sale is set to make history later Monday, with expectations that a multi-million dollar sale of a Picasso masterpiece could smash a world record.
After about five years of pooling lottery money, a group of co-workers has finally hit the jackpot. NBC New York reports.
Toronto was the hottest luxury property market in 2014, bucking a slowing trend in the world's top property hubs, according to Christie's real estate branch.
A 1909 Honus Wagner baseball card was auctioned off for $1.32 million, the L.A. Times reports.
Speaking to CNBC at the Singapore Yacht Show, Francesco Frediani, commercial director of Mangusta, says Asia-Pacific holds the biggest future potential for the yacht industry.
Mandarin Oriental Hotel Group CEO, Edouard Ettedgui, says there are benefits to being the last company to enter a region's luxury market.
Restrictions on mainland Chinese visitors to Hong Kong have caught Wall Street's attention, with growing worries the rules could hit luxury brands.
We learned a few things that you could only know if you're able to afford a Lamborghini, the rarest diamonds, or a megamansion.
An ordinary closet won't do for the world's millionaires and billionaires. Here is a peek at custom closets that look more like art galleries for clothing.
French luxury group LVMH posted a 3 percent rise in like-for-like first-quarter sales, following an "excellent start to the year" at Louis Vuitton.
Hey you fancy people who love shiny expensive watches - listen up! There is a new player in the market.
A Lamborghini at Walt Disney World's exotic car racing attraction crashed, killing a passenger and injuring the driver on Sunday, police said.
A weaker euro is giving European luxury goods makers a headache: rebalancing prices between Europe and China could hit earnings, analysts say.
Christie's is organizing three contemporary art auctions in May, which it believes will see $1 billion exchange hands.
Angelo Zino, senior industry analyst of equity research at S&P Capital IQ, discusses why he thinks the consensus view on Apple Watch sales is too aggressive.
Today, Apple Inc is launching its Apple Watch pre-ordering event at Selfridges, in London. CNBC's Seema Mody talks to a customer as to why he just pre-ordered his very own.