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.
Legendary musician Louis Armstrong's many contributions to music and culture are on display at a museum built at his longtime Queens, New York residence. Regina Bain, executive director of the Louis Armstrong House Museum, joined Michelle Castillo and spoke with Cheddar News about the iconic trumpeter, the museum's background and history and displayed some historic artifacts from the musician's past.
With several high-profile divorces of longtime powerful couples in the headlines recently, Cheddar News highlighted the importance of protecting your assets after splitting up. Correspondent Janice Lieberman explained how figuring out finances before signing those papers is a must.
