Luxury

It's "nobody's market" right now, according to celebrity real estate broker and agent Ryan Serhant, who reveals the hidden trends of America's wealth and population migrations.

Saks Off 5th will close nine stores across the U.S. starting in January 2026, affecting locations in Texas, Illinois, New Jersey and more states.

The condo board at 432 Park Ave. has filed lawsuits against developers over facade defects, while the building maintains its structure is safe.

Private jet demand surges as Honeywell forecasts highest-ever business aviation deliveries in 34-year outlook history despite economic uncertainty.

Katy Perry's choice of the Feadship-built Caravelle yacht impresses marine expert Kevin Koenig, who compares the vessel to a vintage Porsche that was "also designed by Enzo Ferrari."

Jane Birkin sketched her ideal bag design on an air sickness bag in 1984, creating what would become the Hermès Birkin, now a record-breaking investment piece.

Unlike most fashion items that lose value, the Hermès Birkin holds its worth, with entry prices near $15,000 and an acquisition process shrouded in secrecy.

Harrods, a luxury department store based in London, notified customers after personal data was breached through the system of a "third-party provider."

The pop superstar became the first musician to achieve billionaire status mainly through songs and performances, earning $800 million from touring and royalties.

PorterYachts teams with the Ben Hotel to offer luxury yacht experiences, with CEO Brian Blouin stating that recent tariffs haven't affected charter business.

LVMH-owned Loro Piana becomes fifth Italian brand facing judicial oversight amid crackdown on exploitation of illegal workers in fashion supply chains.

Luxury retailer Nordstrom will close two more locations in Missouri and California, joining other major retailers like Macy's that have announced store closures.

Luxury real estate developers are incorporating private padel courts as premium amenities in high-end residential buildings, attracting wealthy buyers willing to spend millions.

LVMH, led by Bernard Arnault, lost its title as the world's most valuable luxury company to Hermes after its market capitalization slipped due to a sales miss.

Today's tinsel can be bought for a low cost, but it wasn't always so inexpensive. Tinsel was originally created from strips of silver and served as a sign of wealth.

Brothers Tal and Oren Alexander were arrested this week on sex trafficking charges. So, who are the luxury real estate brokers who built fame from their business in Miami and New York?

The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due to regulatory challenges posed by an FTC lawsuit.

A billionaire is looking to sell a palatial estate in Southern California called the "Sand Castle." He set the asking price at $108 million.