By Katie Little, CNBC.com
Thirsty for Napa Valley's best without the high price tag? You're in luck.
The online wine retailer TastingRoom.com now offers a solution for wine connoisseurs who wish to indulge in high-end wine by the glass at home.
Wines in the $20-plus category were the fasting growing segment in 2011. "Consumers want to enjoy quality wine without necessarily opening an entire bottle," said the company's CEO Tim Bucher. "Our innovative product allows consumers to drink luxury and premium wines exactly how they want, when they want, wherever they want."
For $19, consumers can buy a single glass of 2007 Silver Oak Napa Cabernet Sauvignon or four glasses for $70. The wines are served in 3.4-ounce glass bottles that are replicas of the full-size bottles.
Although the company is currently selling only one brand, Bucher said it will launch five more luxury brands on March 22 and about 100 additional premium brands at the beginning of May. He added that he was "bullish on the wine-by-the-glass format" because it now accounts for the majority of
Blog Posts by CNBC
- CNBC | Shine Food – Thu, Mar 15, 2012 11:10 AM EDT
By Katie Little, CNBC.comRead More »from Luxury Wine by the Glass — Coming to a Mailbox Near You
Want To Be Smarter?
by Cindy Perman, CNBC.com
We tend to associate napping with babies, old people and slackers, but here's a news flash: Napping actually has a lot health benefits, including boosting your productivity, enhancing your libido and aiding in weight loss!
Today is actually "National Napping Day," a day to bring awareness to the benefits of napping. The creator, William Anthony, a professor at Boston University, chose the Monday after Daylight Savings Time kicks in because it's a day that most people are usually sluggish.
"Americans are more 'nap-ready' than usual after losing an hour of sleep to daylight savings time," Anthony said in a press release.
"Our goal is to encourage folks to take a nap wherever they may be, at home, at the workplace, or on vacation, and to make it a regular part of their healthy lifestyle," said Anthony. "It is a day when nappers all over the country need to lie down and be counted."
A study by Tempur-Pedic found that more than half of AmericansRead More »from Want to Be Smarter and Thinner? Take a Nap!
Ultra-High Priced Luxury Accessories
By Carolin Schober, CNBC
The world's biggest annual watch and jewelry fair, Baselworld opens its doors to an expected 100,000 visitors in the Swiss town of Basel this weekend. With glittering displays ranging from diamond-laden watches to emerald necklaces, it highlights the best, and most expensive, in the world of luxury goods.Read More »from Ultra-High Priced Luxury Accessories
Increasingly, the fate of luxury watchmakers and jewelers depends on Asia. In 2011, Swiss watchmakers' exports to Asia accounted for more than half of annual sales. Exports to China saw the fastest growth rate at 50 percent last year.
And for now, they see no signs of a slowdown in Chinese demand in 2012. Click ahead to see what the elite really want, and how much they are prepared to pay for it.
- CNBC | At Home – Fri, Mar 9, 2012 1:52 PM EST
Jessica Alba Launches Honest.comRead More »from Jessica Alba Takes on New Role: Internet Entrepreneur
By Julia Boorstin, CNBC
Jessica Alba's not just a movie and TV star - now she's also an Internet entrepreneur, testing out her new role at the Montgomery Tech Conference where she pitched her business model to investors and the other 190 start-ups here.
She co-founded The Honest Company, (honest.com) a subscription service for non-toxic baby supplies, like diapers, wipes, bubble bath and detergent, which launched in January.
Alba decided she wanted to create a new line of baby products when she discovered that many of the supposedly kid-friendly products she used on her now four-year-old were full of dangerous chemicals. She told me she couldn't believe how expensive truly non-toxic products are, and how hard it is to find them.
She teamed with serial entrepreneur Brian Lee, co-founder of LegalZoom, who suggested making it a subscription service. That allows the company to avoid the hassle of dealing with retailers, while making it easier to manage inventory. Alba liked the fact
Suze's Rules for Lending MoneyRead More »from 10 Rules for Lending Money
Rules for LendingIf someone asks you to lend them money, think before you act. As much as you may want to help out a friend or family member in need, there are several rules you should follow before you hand over any cash.
Financial expert Suze Orman lays out her 10 rules for lending money - rules she says must never be altered. They will help you determine if you are in a position to lend or give money, and if so, how to go about doing it.
"Live by [these] rules and one day you will be happy that you did," she said. Read ahead to see Suze's must-follow rules for lending or giving money.
See the slideshow: 10 Rules for Lending Money
1. Have No Credit Card Debt
Never, ever, lend or give money to anyone if you owe money on your credit card. "If you have credit card debt, you need money," Suze said. "You don't have the money to give to somebody else."
2. Have an Eight-Month Emergency Fund
It's important to have an eight-month emergency fund before parting with your
- CNBC | Work + Money – Thu, Mar 8, 2012 10:13 AM EST
By Shivali Nayak, CNBC.comRead More »from More Women in the Boardroom Can Mean a Bigger Bottom Line
It makes business sense to have more women in the boardroom as they have a positive impact on the bottom line, said women executives at a seminar in Singapore organized to mark International Women's Day.
More Women, More ProfitabilityA 2011 survey by U.S.-based non-profit organization Catalyst shows that company boards made up of 19-44 percent women achieved 26 percent more return on invested capital than those firms with no women directors, according to McKinsey's Head of Public Affairs, Southeast Asia, Penny Burtt.
She was speaking at the Singapore Management University and Procter & Gamble organized conference.
Burtt says a separate McKinsey research also shows that gender diversity impacts businesses positively.
"Companies with more women at the top tend to have more leadership capabilities, better decision making and better corporate governance," Burtt said.
Despite the advantage of hiring women, they still lag men when it comes to top managerial positions. For example, in the
- CNBC | Fashion – Wed, Mar 7, 2012 11:30 AM EST
By Katie Little, CNBC.comRead More »from Forget the Basics - How Fashion Retailers Plan to Boost Sales
Consumers are in the driver's seat as retailers move away from wardrobe staples and shift to fashion-forward pieces while planning their upcoming fall inventories, industry analysts said.
Bursts of color and fur, shown here at the BCBG Max Azria show in New York, will be popular in stores this fall.To cater to a more strategic and tech savvy shopper, retailers are increasing their e-commerce offerings and incorporating the latest fashion trends instead of playing it safe as they try to entice consumers to break out their wallets and boost sales.
"I think smart retailers who are trying to find a way to capture the consumer's dollar know that fashion is where they have the best opportunity," said Catherine Moellering, executive vice president of The Tobe Report, a fashion retail consulantcy firm. "Basics are really going to be a price war."
While recession-era inventories emphasized versatile basic pieces with minimal embellishment that avoided the risk of trying to capture the hottest runway looks, the upcoming fall season will be different.
Designers will take their
By Colleen Kane, CNBC.comRead More »from Extreme Kitchens
To hear them tell it in home renovation programs and publications, every kitchen should look like it's starring in a cooking show or else be dismissed as subpar, even when the existing older components are still perfectly functional. The critics are harsh. There is no room for an avocado laminate countertop.
This kitchen-shaming has proven most beneficial to contractors, to makers of granite and marble countertops, and to manufacturers of stainless steel appliances. Yet, as much as the tastemakers tout the latest "classic" or "neutral" ideal, one day these, too, shall look dated.
See the Slideshow: Extreme Kitchens
So homeowners can either plan to periodically overhaul their kitchens to reflect what's in vogue, or they can flout the conventions, go with personal taste and choose a look that no one else has.
Many homeowners, builders and designers have done the latter. In the spectrum of unusual kitchens, there are automated kitchen islands with adjustable
By Erica Emmich, CNBC.comRead More »from Why Do These Goods Cost so Much?
When it comes to quality craftsmanship and one-of-a-kind design, luxury goods reign supreme. Luxury also usually means a price tag that has consumers digging deep into their wallets.
While some people will pay big bucks for the high-end name alone, designers and manufacturers say they have reasons for their hefty prices. The item may be handmade or a limited edition, or the design could include an expensive fabric or piece of jewelry.
Whatever the reason, some consumers don't seem to mind. Luxury sales are on the rise worldwide. In fact, the demand for luxury goods has grown by double digits since the end of the financial crisis, according to Bain & Company. Retailers like Coach and Saks have seen their stocks soar over the past three years.
Here we take a look at some items that epitomize luxury - from six-figure cars to designer shoes going for thousands of dollars - and why they have those eye-popping price tags.
See the slideshow:
- CNBC | Work + Money – Thu, Mar 1, 2012 2:35 PM EST
By Courtney Reagan, CNBC.comRead More »from Luxury Goods: Men Buying like Women, Ladies Shopping like Guys
High-end spending is on the rise. According to Bain Consulting, the demand for luxury goods has grown by double digits since the end of the financial crisis.
Men are shopping like ladies and the women are buying like guys.However, it's not just the demand that's surprising the experts. Luxury retailers are also seeing an unexpected new shopping trend - men are shopping like ladies and the women are buying like guys.
It turns out traditional gender roles are no longer trendy when it comes to luxury.
Take Ferrari, for example. Many of the drivers clamoring for keys to the Italian sports car aren't who you might expect.
For many years, women in the North American market made up just 1 percent of Ferrari's customers, according to Marco Mattiacci, president of Ferrari North America. However, there has been a dramatic gender shift. Now, 10 percent of Ferrari owners in North America are women. The "feminization" of the Ferrari market in China is even greater - Ferrari has seen the number of female buyers rise to 30