The Latest Breaking News from Luxury

The Pelicans' proximity to the luxury tax limited their moves in the 2022 offseason to extending Zion Williamson and drafting Dyson Daniels. Their core is set going forward and could become taxpayers as soon as next season thanks to large ...

The Bucks roster is set and will spend around $60 million in luxury tax penalties to contend for another title this season. They are projected to enter the repeater tax next season, which could impact potential extensions for Khris Middleton and ...

The Heat are still looking for a forward to replace PJ Tucker while avoiding the luxury tax this season. They could become significant taxpayers next year with Jimmy Butler's new extension set to kick in and if they extend Tyler Herro. Key: • Player ...

The Nuggets' roster is all set and Denver is currently projected with an $18 million luxury tax penalty. They are likely to stand pat after reshaping their bench and having their starters under contract through at least 2023-24. Key: • Player Option ...

The Suns are set to pay a $32 million luxury tax payment after re-signing Deandre Ayton to a maximum contract. They are likely to be taxpayers for the foreseeable future, especially after committing long-term to Devin Booker and Mikal Bridges. Key: ...

The Bulls have a full 15-man roster and are just $1.7 million below the luxury tax. It's possible they look to trade players like Coby White and Tony Bradley to gain more flexibility for future in-season moves. Nikola Vucevic's extension-eligibility ...

Despite persistently high inflation levels, the luxury goods industry is expected to grow significantly this year, driven by sustained luxury spending, growing media influence, and integration of e-commerce platforms. Thus, we think fundamentally sound luxury goods stocks Ralph Lauren (RL), J.Jill. (JILL), and Movado (MOV) could be ideal additions to…

LOS ANGELES — A $100-million boutique condominium complex rising in the vaunted Golden Triangle district of Beverly Hills is escalating Southern California's luxury vertical-living rivalry with a potential five-star restaurant, private pools and the kind of pampering that might lure elite downsizers from their sprawling estates.

High-end luxury fashion brand Gucci announced on Tuesday on Twitter it now accepts payments in ApeCoin (CRYPTO: APE) and will be available for in-

The luxury carmaker has partnered with Athletic Propulsion Labs for $450 running shoes.

Luxury Italian automaker Ferrari is raising its forecast for the year after reporting a 22% increase in second-quarter earnings as sales in the Americas surged