luxury

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Slowdown No Problem for Luxury Goods

Affluent Americans still snapping up fancy watches, jewelry

(Newser) - If America’s economy is failing, at least it’s going down in style. Sales of luxury goods have been surprisingly strong this year, despite the overarching economic gloom, the Wall Street Journal reports. Brands such as Hermès and Burberry have seen double-digit growth, as Americans continue to snap...

Burger King Serves Up $190 Burger

Never mind $150 oil, how about the $200 hamburger?

(Newser) - Burger King has concocted a luxury burger with a whopping $190 price tag, reports ABC News. "The Burger" features Wagyu beef garnished with truffles and onion straws fried in Cristal champagne in a saffron-dusted bun. The bold, limited edition tantalizer is being offered once a week at a single...

Tight Economy Leaves Wealthy Vexed in the City

NY's richest tremble as they cut back on life's luxuries

(Newser) - Think you’ve got it bad in these tough times? Then consider the swarms of Wall Street bankers and Upper East Side developers whose income has slid along with the nation’s economy. Lawyers, art advisers, personal trainers, and hairstylists to the privileged say their clients gripe about having to...

How the Rich Can Buy Time
 How the Rich Can Buy Time 

How the Rich Can Buy Time

Why do anything if you can hire someone to do it for you?

(Newser) - Time is truly the currency of the rich, and W offers tips on today's ultimate luxury. How to save a few of those grains in the hourglass:
  1. Delegate: Outsourcing isn’t just for heartless CEOs—pay people to break in your smoking jackets for you.
  2. Don’t bother with books:
...

Man's Best Friend Buried in Style
Man's Best Friend Buried
in Style

Man's Best Friend Buried in Style

Owners spare no expense in funerals for pampered pets

(Newser) - The family files into the chapel, signs the registry, and pays its respects before the coffin. It looks much like a normal funeral parlor, and it is—just not for humans. Instead Oak Rest Pet Gardens in Georgia buries beloved pets, charging $2,000 or more for the service. “...

Billionaire Pays $500K for 27 Bottles of Wine

Global economic downturn? What global economic downturn?

(Newser) - As the global economy falters, many people are fighting to make ends meet. And then there’s the Chinese billionaire who spent $500,000 for 27 bottles of wine today. The sale set a record for a single lot. “I don’t think he has bought this as an...

Swank Suites Sweeten Stadiums
 Swank Suites Sweeten Stadiums 

Swank Suites Sweeten Stadiums

New stadiums taking private boxes to the next level

(Newser) - Private boxes are great on game day, and sports clubs are taking it to the next level, giving well-heeled fans super-sumptuous treatment—in return for deluxe bucks. Forbes rundowns some of the priciest stadium suites:
  1. Yankee Stadium’s Legend Suites: $2,500 per front row seat per game, or $1
...

Ready for $35 Movie Tickets?
 Ready for $35 Movie Tickets? 

Ready for $35 Movie Tickets?

Gold Class Cinemas brings luxury moviegoing stateside

(Newser) - Think your movie-going experience could be more than sticky floors and greasy popcorn? Village Roadshow Gold Class Cinemas agrees. The high-end theater chain is making its debut in America, offering a bar selling cocktails and sushi, reclining lazy-boy style seats (with service buttons to call waiters), and valet parking for...

10 Most-Wanted Luxury Brands

Forbes runs down the luxury brands we most desire

(Newser) - Hong Kong and the United Arab Emirates may actually buy the most designer goods, but when money is no object, we’ve all got expensive tastes. One research group asked 25,000 consumers to forget about price tags and name the luxury brand they covet most. Forbes runs down the...

Saddam's Love Boat Sets Sale
Saddam's Love Boat Sets Sale

Saddam's Love Boat Sets Sale

Iraqi ruler had a thing for luxurious, bulletproof cruise ships

(Newser) - Saddam Hussein’s secret pleasure super-yacht can be yours—yes, yours!—for just $34 million. Moored off the French Riviera, away from the pesky bombers that destroyed the late dictator's other yacht, the Ocean Breeze was put up for sale last week by a British brokerage firm, the New ...

Silicon Valley Cars Get Their Own Condos

Pricey pads will double as clubs for big-bucks collectors

(Newser) - Silicon Valley millionaires (and billionaires) are gearing up for the latest status symbol in Status Symbol Land—condominiums devoted to storing luxury cars. Condos will start at $250,000, and the sites will also offer "club rooms" where guys can talk about cars. "There are more collectors here...

Credit Crunch Doesn't Dampen Retail Numbers

Luxury, back-to-school shoppers drive August figures up

(Newser) - Better-than-expected retail sales figures for August, which built on healthy back-to-school and luxury shopping, raised hopes today that turbulent markets won't take too big of a bite out of holiday-season sales. Wal-Mart and Target made out well, as did luxury emporiums such as Saks. "It bodes well for Christmas,...

The Hottest Travel Trends
The Hottest Travel Trends

The Hottest Travel Trends

These innovations are changing the way travelers get around the globe

(Newser) - A hotel room in Paris for two? Trés passé! Travelers these days, says Forbes, are changing it up. The latest trends include:
  1. More hybrid vehicle rentals
  2. High-end hotels renting villas
  3. More travel by private jet

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