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Indian leather industry hit hard by US tariff, revenue projected to fall

India's leather and allied products industry is projected to face a significant decline of 10-12 percent in revenue during the current fiscal year (FY26), according to a report by Crisil Ratings. This substantial downturn is primarily attributed to the steep 50 percent tariff imposed by the United States on Indian leather imports, which is...

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Between attraction and speculation: The real return on It-bags on the secondhand market

Pre-owned luxury handbags now represent a potentially profitable asset for consumers. But which models are the safest for investment? In a recent report, vintage fashion platform Vestiaire Collective revealed the current resale prices of iconic luxury handbags and compared them to their original retail prices. • Chanel Timeless/Classic Bag:...

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