Are Luxury Bags a Smart Investment?

Social Commerce in India, Adidas CEO Steps Down

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, AUGUST 23, 2022 With bags from coveted brands like Hermès and Chanel fetching hefty sums at resale, an alluring asset class may be in the making. Brands are investing in social commerce and live shopping trials to gain an edge in the rapidly growing India market. Adidas announced chief executive Kasper Rorsted will step down in 2023. Don't miss the next LinkedIn Live with editor of ES Magazine, Ben Cobb, on How to Build a Career in Fashion. Join us today at 16:00 BST/11:00 EDT. Register free now.

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LUXURY Can Luxury Bags Be Smart Investments? By Tamison O'Connor As top luxury labels raise prices and tighten distribution, designer bags are garnering higher prices at resale, with some styles from coveted brands retaining a significant portion of their retail value long after purchase. READ MORE

GLOBAL MARKETS Will Social Commerce Pay Off in India? By Arnika Thakur

With young Indians hooked on short-form video content, global fashion and beauty brands are investing in social commerce and live shopping trials to gain an edge in the rapidly growing market. READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS Adidas CEO to Step Down in 2023; Replacement Search Under Way US Demand to Lift India's Lab-Made Diamond Exports to $8 Billion

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