Luxury consumers are moving away from owning traditional status symbols like expensive cars, designer clothes and yachts, and are instead prioritizing luxury experiences, new research suggests. In a ...

Waiters and busboys may make minimum wage $16.50, but attracting first-rate staff with fine dining experience will cost more.

The ultra wealthy held up the global luxury goods market this year despite global economic and political uncertainties, and have shifted their spending away from traditional luxury goods and more ...