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LVMH watch and jewelry CEOs see luxury sales picking up in 2025

LVMH watch and jewelry CEOs see luxury sales picking up...

Apr 30, 2025

The CEOs of Tiffany & Co., TAG Heuer and Bulgari and the director of watches for...

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Start of luxury upgrade cycle: Here's what to know

Start of luxury upgrade cycle: Here's what to know

Apr 30, 2025

CNBC's Robert Frank joins 'Squawk Box' with a look at the state of the luxury sector.

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Meet the new top lawyers for the wealthy’s most complicated divorces

Meet the new top lawyers for the wealthy’s most complicated...

Apr 30, 2025

As today’s fortunes have ballooned in size and number, they’ve also expanded in...

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Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%

Kering slightly beats fourth-quarter forecasts even as...

Apr 30, 2025

French luxury goods firm Kering reported better-than-expected fourth-quarter sales...

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A $4 million Bugatti and Michael Jordan's BMW brought car auction company a record year

A $4 million Bugatti and Michael Jordan's BMW brought car...

Apr 30, 2025

Bring a Trailer's strong results defied the broader slowdown in the classic car...

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Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales

Birkin bag maker Hermes posts better-than-expected jump...

Apr 30, 2025

Haute couture fashion house Hermes on Friday reported a better-than-expected jump...

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IRS cutting 6,000 jobs: Impact of tax filing, audits and collection enforcement

IRS cutting 6,000 jobs: Impact of tax filing, audits and...

Apr 30, 2025

CNBC's Robert Frank joins 'Squawk Box' to report on the latest news.

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President Trump's $5 million gold card tax loophole: Here's what to know

President Trump's $5 million gold card tax loophole: Here's...

Apr 30, 2025

CNBC’s Robert Frank joins 'Squawk Box' to discuss details of President Trump's $5...

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Trump’s proposed 'gold card' visa comes with a hidden tax break for the wealthy

Trump’s proposed 'gold card' visa comes with a hidden tax...

Apr 30, 2025

President Donald Trump's proposed $5 million "gold card" for U.S. residency would...

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Family offices rattled by market swings and tariffs

Family offices rattled by market swings and tariffs

Apr 30, 2025

Investment firms of the ultra-rich have halted new deals until they get more clarity...

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Kering shares plunge 11¯ter Demna Gvasalia named as Gucci's artistic director

Kering shares plunge 11¯ter Demna Gvasalia named as...

Apr 30, 2025

Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia...

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Impact of tariffs on housing costs: Here's what to know

Impact of tariffs on housing costs: Here's what to know

Apr 30, 2025

CNBC's Robert Frank joins 'Squawk Box' with the latest news.

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Why China is behind the global luxury slowdown

Why China is behind the global luxury slowdown

Apr 30, 2025

2024 was one of the weakest years on record for global luxury goods sales. The driving...

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Ferrari says it will raise prices by 10% on some models to offset auto tariffs

Ferrari says it will raise prices by 10% on some models...

Apr 30, 2025

Ferrari produces all of its cars at its Maranello factory. Last year, the company...

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Billionaire Jorge Pérez and his sons reveal their three secrets to passing down the family business

Billionaire Jorge Pérez and his sons reveal their three...

Apr 30, 2025

As a growing share of family-business founders reach their 70s and 80s, questions...

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Manhattan's luxury real estate market sees best first quarter in six years

Manhattan's luxury real estate market sees best first quarter...

Apr 30, 2025

Manhattan apartment sales rose 29% in the first quarter, and the total value of...