Good2Know: Resale Value of Luxury Bags Fall & Taco Bell Brings Back Wings
RESALE VALUE OF LUXURY BAGS FALLS
Inflation and recession fears are pushing consumers to spend less, and it's having ripple effects on the market for secondhand goods. A new report from luxury reseller The RealReal found that handbag resale prices plunged 20 percent for Louis Vuitton, 17 percent for Gucci, 10 percent for Hermès, and 9 percent for Chanel in the past three months. The retailer said the trend started in the fall of 2022, even as the resale market overall was red-hot with demand.
WINGS RETURN TO TACO BELL
Crispy chicken wings are returning to Taco Bell from January 26 through February 9. That's a week longer than last year's successful limited run. What's new this year is that the fast food chain is adding a "wings filter" to its app, so customers can see which locations have wings. Not incidentally, the crispy chicken wings will be available throughout the NFL playoffs, when wings become a popular accompaniment to watching the Big Game.
Since 1927, Time Magazine has chosen its Person of the Year to acknowledge the world's biggest and most influential change makers. This year it was global phenomenon Taylor Swift. Dan Macsai, executive editor of Time, spoke with Cheddar News about the process to make its pick and what's involved.
So I got the chance to chat with times executive editor Dan Max about how time made its decision and the entire person of the year issue.
A liberal activist with an eye for mainstream entertainment, Lear fashioned bold and controversial comedies that were embraced by viewers who had to watch the evening news to find out what was going on in the world.
Dean O'Neill, CEO and owner of Pekarna Restaurant & Event Space, joined Cheddar News to discuss a new Christmas-themed pop-up called Tinsel Town in the Upper West Side of Manhattan with some delicious food and drinks.