Is Fashion an Investment?

Good post!

By Faye Ezeh

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The other day I was talking with a friend over coffee and we were discussing about how she wants to change the way she shops. She is a person with a good financial background but she has difficulty in spending a lot of money in one item. She told me that she wants to start to buy “investment” pieces, like a chanel bag and also to invest in jewellery  (for sure they are an investment).

I told her that she is right and I agree she needs to do that (since she can afford it). This conversation got me thinking if fashion items are really an investment, in which way they are an investment and which items are those? Let’s see…

Lets start by answering what is an investment; It is an asset or item that is purchased with the hope that it will generate income or appreciate in the…

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