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.

Share:
More In Culture
Gene Simmons on End of the Road World Tour
After over 50 years of record-breaking global tours, it is the end of the road for one of rock and roll's most influential bands, Kiss. The legendary Gene Simmons spoke with Cheddar News to reflect on his career and how Kiss became a staple of American culture.
Gingerbread House Inspiration
Lenny Rosenberg and Adaeze Nwanonyiri, owners of Bea's Bakery, joined Cheddar News to show people how to take the creation of gingerbread houses to the next level.
Wendy's Frosty Key Tag Promotion
Wendy's announced it's bringing back its Frosty key tags for promotion, which gives customers a whole year's worth of Frosties for just $3, with proceeds going to children in foster care.
On The Scene: The Museum of Broadway
Julie Boardman, co-founder of The Museum of Broadway, joined Cheddar News to discuss the history of theater in New York City, showed some of the gallery exhibits and gave a behind-the-scenes tour of how some of the shows are produced.
Roc Nation and Social Justice Reform
Dania Diaz, managing director of Roc Nation and one of the founding members of its United Justice Coalition, joined Cheddar News to discuss how the organization helps to address violence in Black and Brown communities and what they expect to talk about at an upcoming summit.
Load More