Bagging an investment opportunity
WITH banking collapses in the news right now, thoughts of hiding your money in a mattress may take on a new appeal. But if you’re looking to keep your money where you can see it, why not carry it everywhere with you as a luxury handbag?
According to Knight Frank’s 2022 luxury investment index, handbags are the fourth most popular passion investment after art, cars and watches, with collectors of Hermes’ Birkins or Chanel’s Classic Flap bags carrying a very nice nest egg on their arms. But it’s not just these blue-chip bags that make worthy investments, say academics and luxury resellers. Buying the right bags and selling them at the right time can also net owners a pretty penny apart from the joy of owning a beautifully crafted item. If you want to know the ins and outs of luxury bag investment, check out Friday’s edition of BTLifestyle.
If art is more your thing, then start building up your collection and knowledge at three solo art shows that are in the spotlight this week. Mark your calendars to view the works of Ian Tee, Ari Bayuaji and Jacopo Pagin, showing at various galleries around town.
In Dining, a little eatery in Chinatown stands out as a cosy little slice of Japan. Reiwa Soba makes its own buckwheat noodles to order and serves up healthy eats with unassuming charm that endears itself to you more than the actual food. Read this and more in Friday’s issue of BT.
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