The terror threat in Europe, a strong dollar and uncertainty over the U.S. presidential elections have eroded the confidence of the globe's big-spenders, holding luxury purchases flat in 2016.
Personal belongings of the late fashion icon, socialite and philanthropist Betsy Bloomingdale will be auctioned in New York later this year and next year.
In honor of Thailand's late king, some Thais are collecting portraits of the monarch, some are purchasing commemorative banknotes - and some are getting tattooed.
Floods, drought, frost and hail cut into world wine production this year across Europe and South America, but the quality of the 2016 vintage shouldn't unduly suffer.
Michelle Obama dazzled at her final state dinner as first lady, wearing a figure-hugging, floor-length rose gold chainmail gown.