Luxury

Cadillac had a very rough year in 2019. Deliveries of one of its low-end vehicles were the only thing that kept the period from being a wreck.
Douglas A. McIntyre
The premium for buying a condo in a building with the Trump name on it has fallen by nearly 30%.
Paul Ausick
Paris-based luxury goods giant LVMH and Tiffany have agreed to the French company's acquisition of the New York-based jewelry icon for $135 a share.
Paul Ausick
LVMH's $14.5 billion bid for Tiffany may be just an opening for more to come.
Paul Ausick
Wedbush Securities has come out in defense of the weakness in the cruise line industry, noting that the sell-offs seen have perhaps been too extreme.
Jon C. Ogg
Tiffany released mixed fiscal second-quarter financial results before the markets opened on Wednesday.
Chris Lange
24/7 Wall St. has tracked the action and reaction seen in many luxury brands on Monday. The drop has been unilateral, and that has been confirmed by luxury stocks selling off in Europe as well.
Jon C. Ogg
A lukewarm earnings report and a 5% dividend boost lit a bit of a fire under Tiffany stock Tuesday morning. The company's outlook is weak for the second quarter but improving for the full year.
Paul Ausick
Mercedes-Benz is preparing to build an ultra-luxury SUV, the Mercedes-Maybach GLS, at its Alabama plant. The base vehicle is expected to cost about $200,000.
Paul Ausick
Mercedes-Benz on Sunday announced its 2020 model year version of the AMG GT R Roadster, a convertible version of the hardtop the company introduced earlier this year. Only 750 of the soft-tops will...
Paul Ausick
Michael Kors completed its acquisition of Versace this morning and will begin trading Wednesday under a new name, Capri Holdings.
Paul Ausick
Luxury retailer Neiman Marcus has failed to reach agreement with its debtholders regarding some $4.7 billion in notes due in 2020 and 2021. Although there's still time to avoid bankruptcy, Neiman's...
Paul Ausick
The luxury retail market has been struggling for several months now, and today's earnings report from Tiffany underscores the issues. How are luxury retailers going to turn their businesses around?
Paul Ausick
It is no secret that winning the lottery has become the new version of the American Dream. While the odds of winning are lower than the odds of being struck by lightning on a sunny day, it’s...
Jon C. Ogg
There soon will be some new rather filthy rich people in America. There have been no Mega Millions jackpot winners since July 24, so the jackpot will be at least $1.6 billion for Tuesday’s...
Douglas A. McIntyre