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Wholesale Blog

2022 Resale Recap: Best-Selling Brands & Styles

While the world has gone through many changes in the past three years, a few things have remained constant in our industry, such as the continued growth of designer resale, the consumer’s focus on sustainability, the drive to online shopping, and our annual list of top-selling luxury brands.

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Mary Zubritsky

2023 Outlook: How to Navigate the Current Economic Climate

While we’ve moved beyond the pandemic, 2023 will bring many challenges for retailers who are still trying to recover from the turbulent times of the past three years. With the looming threat of a recession, high inflation, layoffs, and general feelings of economic uncertainty amongst consumers, we may be heading into another roller coaster year in the retail industry, but it’s not all bad news.

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Mary Zubritsky

Share the Love: What to Stock Up on for Valentine's Day

Love is in the heir(looms). Valentine’s Day is just a month away, and now’s the perfect time to stock up on lovely luxury gifts for every type of Valentine to crush on.

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Mary Zubritsky

Hermès is Raising Prices Again

Hot off the heels of impressive sales that beat estimates, Hermès announced they’ll raise prices again. The French luxury goods maker is expected to raise global prices between 5% and 10% in January 2023. What does this mean for your business?

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Mary Zubritsky

New Account Updates

We've released new updates to easily navigate the status of purchases in your dashboard. Read Time: 1min

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Emily Erkel

How to Upkeep Your Pre-Owned Designer Bags

Investing in pre-owned designer pieces for your store is a big deal, but sometimes it can seem like a gamble. Of course, you can read the descriptions and spot tears, broken zippers, and discoloration, but what about the wear you can’t spot with your eyes? Read Time: 3 mins

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Mary Zubritsky

Reimagined & Redesigned: 'IT' Bags That Made a Comeback

What’s old is new and what’s new suddenly becomes old again. Fashion is a revolutionary process, with designers gaining ideas and inspiration from the past and bringing it into the present.

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Mary Zubritsky

A Brief History of the Gucci Diana Bag & Chanel Diana Bag

Move over Lady Dior bag, there are two other Princess Diana-inspired bags that are just as popular and nostalgic. Today we’re going to explore the Gucci Diana Bamboo Tote and the Chanel Diana Shoulder Bag, and while these bags look quite different, they were both loved by Princess Diana, and they’re incredibly popular on the resale market today.

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Mary Zubritsky

Our Predictions for Black Friday 2022

It's a make it or break it type of world these days, but one thing is for sure... people love to buy and gift new-to-them items and despite being in the midst of confusing and trying times, retail therapy is a type of therapy, and being gifted (or buying oneself) a piece of jewelry, a handbag or a beautiful silk scarf brings joy and instant gratification to everyone.

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Mary Zubritsky

The Elusive, Exclusive Goyard

Founded in Paris in 1853, Goyard is one of the world’s oldest leather goods makers still in business today. Established just one year ahead of Louis Vuitton, the path to the House of Goyard began in 1845 when 17-year-old Francois Goyard became an apprentice for expert Parisian trunk-makers Pierre-Francois Martin and Louis-Henri Morel of Maison Morel.

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Mary Zubritsky

9 Tips on How to Price Your Designer Items for Resale

If you’ve ever visited an estate sale, you know many of the items in the stately mansion are worth a lot of money, but if you’re not well versed in the arts or know the value of certain antique items, you’ll feel a bit overwhelmed and maybe even confused. Well, the designer resale market works the same way and one of the biggest challenges you’ll likely face is deciding how much to charge for each product.

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Mary Zubritsky

Fall 2022 Fashion Trends Forecast

With top trends ranging from All-Denim-Everything to Barbiecore, and Equestrian Chic to Bikercore, we’ve taken a closer look at some of the must-have styles and pieces we think you should invest in for your business right now.

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Mary Zubritsky

The Most Frequently Asked Account Questions

You asked, we heard! We're breaking down the most frequently asked questions on your account.

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Emily Erkel

Q3 Report: The Global Luxury Market is Booming

While the global economy may be facing uncertain times, the luxury market is still poised to increase by as much as 15% this year, with resale expected to grow 16 times faster than traditional resale by 2026. So, while it may be concerning right now, the truth is we’ve been down this road before with the global pandemic. The resale industry has weathered and thrived during other times of uncertainty.

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Mary Zubritsky

LePrix.com is now LePrix Wholesale

We have some exciting news! LePrix.com is now LePrix Wholesale.

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Emily Erkel

5 Ways to Use Live Selling to Catapult Your Sales

While the retail industry was already going through a major transformation before the pandemic, with customers using social media platforms to browse and purchase items, now live selling and social commerce are more powerful than ever.

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Mary Zubritsky

How to Handle Holiday Shipping Delays & Supply Chain Shortages

'Tis the season to be shopping, but retailers and consumers are still plagued by global supply chain issues, inflation and shipping delays. Luckily, there are a few things you can do to make the season merrier for yourself and your customers.

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Mary Zubritsky

Travel Style: Must-Pack Vacation Essentials for Day & Night

Jetsetters rejoice! 2022 is the year of the great escape.

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Mary Zubritsky

What to Buy Now: Stock Up for Summer 2022

Summer has arrived! Is your business stocked up and ready to sell? Let's take a look at some of the hottest summer trends you need to invest in right now.

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Mary Zubritsky

The Hottest Designer Collabs This Summer

From Fendi x Versace and Manolo Blahnik x Birkenstock, these are the hottest designer collaborations for Summer 2022.

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Mary Zubritsky

TOP FIVE LUXURY HANDBAG BRANDS TO BUY USED & RESELL

Looking for investment pieces to buy used and resell? Luxury, pre-owned handbags by Louis Vuitton, Chanel, Hermés, Gucci, and Dior are the most-wanted designer brands that should dominate the merchandise in your store for 2022, and we’re here to tell you why.

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Mary Zubritsky

The Allure of Pre-Owned Designer Logo Jewelry

One of the biggest trends to emerge from the pandemic was designer logo jewelry and today brands like Chanel, Dior and Gucci are still seeing some of their must-have baubles not only sellout but fetch top-dollar on the designer resale market.

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Mary Zubritsky

The Business of Resale & the Impact of Pricing: Quarterly Report

We are in the midst of a major shift in the resale and retail industry. Retailers and consumers alike are feeling the immediate impact of the pandemic, global events and economic changes. As more retailers get into the resale industry and as brands increase prices multiple times a year, resellers are seeing a more fluid and competitive market. We hope this quarterly report provides you with actionable insight on how to navigate and grow your business as we grow this resale industry together. – Emily Erkel, LePrix Co-Founder & CMO

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Mary Zubritsky

Stock Up Now: Summer 2022 Trends

Summer's just around the corner... is your business stocked up and ready to sell? Find out what's hot for the warm weather months and shop the trendiest and most sustainable pieces for Summer 2022.

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Mary Zubritsky

Just Launched: Introducing Pre-Owned Designer Clothing at LePrix Wholesale

The wait is over... we've officially launched pre-owned designer clothing on LePrix Wholesale. We've joined forces with Jenna, Co-Founder and Authentication expert at Real Authentication to discuss the clothing authentication process, what to source, what's trending, and what clothing to watch out for in the coming weeks.

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Mary Zubritsky

Mother's Day is May 8th. Are You Stocked Up & Ready to Sell?

Looking to stock up on products this Mother's Day that'll make your customer's moms feel extra loved? Look no further than LePrix Wholesale.

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Mary Zubritsky

Don't Miss Out! The Best Auction Deals for March

Everybody loves winning and we love it when our customers score some of the most unbelievable auction deals around.

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Mary Zubritsky

Spring 2022's Top Designer Handbag Trends

The biggest handbag trends spotted on the runways of the Spring/Summer 2022 shows were...

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Mary Zubritsky

Top 10 Vintage Throwback Bags Making a Comeback

Vintage is a word thrown around a lot, but what exactly makes a designer piece vintage? While everyone has their own definition, we believe it's a pre-owned designer item that was made at least 10 years ago that's more difficult to find than a typical consignment bag. These treasures are not only in short supply, but also if created by a top luxury brand, their resale value skyrockets.

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Mary Zubritsky

A Brief Guide to Prada Authentication

Prada has been creating iconic products since it was first established in 1913 and this storied Italian fashion house has had some incredible hits like the Prada Galleria Bag, the Re-Nylon Collection and the Re-Issue Collection. And with a sudden rise in the luxury brands ranking, Prada is back again in the spotlight for their highly coveted handbags, shoes, and sunglasses, and this surge in demand can also lead a rise in counterfeiters.

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Mary Zubritsky

A Brief Guide to Fendi Authentication & Serial Numbers

From clothing to shoes, and handbags to accessories, Fendi has been creating some of the fashion industry’s most iconic pieces since it was first established in 1925. Today, it’s still one of the world’s top luxury brands with one of the most instantly recognizable logos, the Zucca, but with popular luxury brands comes counterfeiters, and their ability to expertly copy some of Fendi's top-selling items is better than ever. That's why it's so important you know the warning signs to look out for before you purchase a pre-owned Fendi bag for your business.

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Mary Zubritsky

A Brief Guide to Gucci Authentication & Serial Numbers

If you’re searching for a Gucci bag for your store, it’s imperative you know the difference between and real bag or a counterfeit. Better yet, you should just buy from a trusted reseller who has your back. If you’re still considering the transaction on your own, there are some signs you need to watch out for. Here’s a brief overview to help you get started.

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Mary Zubritsky

A Brief Guide to Dior Authentication

Dior has been creating iconic products since it was first established in 1946. And while their coveted handbags have been on every fashion editor’s list for decades, Dior is also known for their clothing, shoes, jewelry, and accessories, but today we're going to focus on authenticating Dior's most-wanted bags like the Lady Dior and the Saddle Bag.

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Mary Zubritsky

Confirmed: Chanel Classic Flap Bag Price Increase 2022

In another unsurprising move in the world of designer retail, Chanel will raise the prices on the Chanel Classic Flap bag tomorrow, March 3, 2022.

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Mary Zubritsky

2021 Resale Recap: The Bestselling Brands and Styles

Throughout 2021, while the top 10 brands accounted for 95% of our business when we dug deeper, the top styles by brand surprised us. Learn more on what styles performed the best.

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Emily Erkel

A Brief Guide to Hermès Authentication & The Blind Stamp

If you're on the hunt for a coveted Birkin, Kelly or Constance for your store, it's imperative you know what to be on the lookout for, or better yet, you should just buy from a trusted reseller who has your back. If you're still considering making the transaction on your own, there are a few telltale signs that could tell you if you're bag is a fake or the real deal. Here's a brief overview to help you get started.

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Mary Zubritsky

Pro Tips: How to Shop LePrix Wholesale Stock & Bid on Auctions

We created LePrix Wholesale to help grow your inventory by giving you access to the designer items on your customers’ most-wanted lists. Our wholesale platform has been designed to fulfill all your requests — so whether you go the Wholesale Stock or Wholesale Auction route, we’ve got your store covered.

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Mary Zubritsky

The Other Vintage Chanel Bags Worth the Investment

While current Chanel bags like the Boy Bag, the Chanel 19, the Filigree Vanity Case, and the Deauville are still hotter than ever on the resale market, the obsession with vintage Chanel pieces like the Camera Bag and the Diana Bag continues.

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Mary Zubritsky

Stock Up on Gucci x Balenciaga's Hacker Project for Spring

Known as The Hacker Project, Gucci and Balenciaga’s highly anticipated collaboration is an “exploration on ideas of authenticity and appropriation within the fashion industry”. Launched in November 2021, this new capsule collection by two Kering brands features classic Gucci and Balenciaga bags, shoes, clothing, and accessories, and then combined the two brands to create a new line.

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Mary Zubritsky

The Next Chanel? Christian Dior's Vintage & Modern Jewelry

If you’ve been following our trends reports, you already know that designer jewelry is selling out in a flash. From Chanel to Tiffany, and Van Cleef & Arpels to Christian Dior, shoppers can’t get enough of these little luxuries. Christian Dior, who was known for his simplistically chic, lady-like designs, has also recently taken the jewelry world by storm with its CD logo popping up on everything from rings to necklaces, and earrings.

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Mary Zubritsky

Rumor or Reality? Chanel DID Raise Prices Again

There are rumors circulating about another Chanel price increase that'll take effect on November 3rd, and we're here to tell you it's true. Our sources at a few Chanel boutiques have confirmed that the prices on the Classic Flap, Reuissue, Boy Bag, Trendy, and Chanel 19 are going up by as much as $1,100 per style.

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Mary Zubritsky

Black Friday is Upon Us: Is Your Shop Stocked and Ready to Go?

Even though your customers probably haven't finalized their Halloween costumes, your store should be stocked and ready handle the holiday rush. The 2021 season is upon us and whether your physical store is open to the public, or you're 100% online, you need to make the most of this critical time for your business and ensure you can fulfill your customers' wants and needs. And while 2020 was anything but business as usual, it looks like 2021 will also be a bit out of the ordinary with the Delta variant, high inflation, low inventory, and supply chain and logistical uncertainties.

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Mary Zubritsky

RUMOR HAS IT...LOUIS VUITTON IS RAISING PRICES AGAIN

The value of your pre-owned Louis Vuitton items just increased again. But if you’re still wondering whether you should quickly stock up on pre-owned Louis Vuitton, now’s your chance to benefit from this increase, because we all know there will be more in the future.

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Mary Zubritsky

Why You Should Invest in Pre-Owned Dior Bags for Your Store

Christian Dior, who was known for his simplistically elegant designs, founded his storied French fashion house in 1946. Prior to launching his namesake brand, Dior worked alongside Pierre Balmain at Lucien Lelong where they designed dresses for the wives of military officers and French collaborators. Dior's designs were more voluptuous and body-hugging than the boxy, and thus became an expert at creating feminine shapes and silhouettes for any woman of any size.

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Mary Zubritsky

Gucci: A Brief Guide to One of the World's Most Popular Luxury Brands

While the global pandemic negatively impacted many luxury brands, Gucci was one of the few that came out on top.

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Mary Zubritsky

Obsessed With the Balenciaga City Bag

No logo, very light, very effective. There is something familiar with the vintage side. Women and girls thought it was something they'd always have. It was a new fresh thing, but it is looking like an old, good, friendly thing. And I think the brand also was becoming desirable. People had desire for my goods and [the bag] was the most accessible piece. You could be a Balenciaga girl with that bag. - Nicholas Ghesquière, Creative Director of Balenciaga

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Mary Zubritsky

A Brief History of Chanel

“Fashion fades, and only style remains.” - Coco Chanel

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Mary Zubritsky

Chanel's 2nd Price Increase of 2021

According to various sources, Chanel will be raising prices again on July 1st and aspirational shoppers everywhere are in shock. Allegedly, the prices are increasing up to 12.5% (maybe more) and this includes some of the best-selling bags—the Chanel Classic Flap, the Chanel 19, the new Chanel 21A collection, the Reissue and some of the Boy Bags.

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Mary Zubritsky

HOW TO START SELLING PRE-OWNED HERMÈS IN YOUR SHOP

Does your store stock just the go-to staples like the pre-owned Louis Vuitton Neverfulls and Speedys? If the answer is yes, we need to talk…about Hermès.

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Mary Zubritsky

The Return of the Hermès Birkin 35

For those who carry numerous necessities on the daily (and maybe even a pair of pumps), the 35cm (14"L x 10"H x 7"W) is the ideal size. The most popular of the Birkins, this bag is considered to be the original, the classic, utterly timeless and the workhorse of the sizes.

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Mary Zubritsky

​HOW TO PRICE YOUR PRE-OWNED DESIGNER RESALE ITEMS

Whether you received a shipment of pre-owned limited-edition bags by Louis Vuitton, or your customer dropped off a few vintage Hermès silk scarves, you need to know how to price them. And while the pricing for some items might be common knowledge—the Chanel 19 medium is nearly impossible to find for less than $5,000—other items aren’t so simple.

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Mary Zubritsky

​Flashback to Y2K Bags: Pochettes & Baguettes on Your Customers' Most-Wanted List

When the pandemic struck, online shoppers stocked up on marked-down merchandise as prices of clothing, shoes and small accessories dropped due to stagnant inventory. Meanwhile, the top-tier luxury labels like Louis Vuitton, Gucci, Dior, and Chanel raised their retail prices from 2% all the way up to 25% which caused customers to shift their focus to designer resale. Why pay retail price anymore?

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Mary Zubritsky

5 KPIs Every Resale Business Should be Measuring

Ever wonder how others in the resale industry track their growth? We've talked with our store partners and found a consistent message: focus on the numbers.

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Mary Zubritsky

​Incorporating Instagram Reels into Your Marketing Strategy

If TikTok seems a little intimidating, you’re not alone. While we’ve all seen brilliant reels, we’re no longer 21-years-old, and the thought of joining and learning yet another social media platform is time-consuming and overwhelming.

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Mary Zubritsky

Save The Earth. Shop Sustainable Fashion.

Resale is the present and future of fashion. Long before COVID-19, resale was taking the retail industry by storm because it offered consumers high-quality goods at a savings. In fact, the resale industry itself had experienced over a 7% growth in the number of new stores the past couple of years and the market is expected to reach up to $64 billion in sales by 2024.

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Mary Zubritsky

LePrix x Leather Surgeons: Repair and Restore Pre-Owned Chanel and Hermés Bags for Resale

How can Leather Surgeons benefit you and your customers? Well, if you purchased a less-than-perfect, used Chanel or Hermés bag to sell and then hired Leather Surgeons to restore and repair it, you could save thousands of dollars when compared to purchasing it in like-new condition. Plus, once Gerry Gallagher and his leather surgeons complete their work on your little luxuries, you’ll be amazed by their expert craftsmanship and how they’re able to take a very used Chanel Classic Flap Bag and make it look 10 years younger.

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Mary Zubritsky

The Return of Gucci's Jackie Bag

The Fifties Constance bag, known for its half-moon hobo design and piston-shaped closure, was first introduced in the 1950s and is thought to be the original hobo bag.

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Mary Zubritsky

Dior, Gucci & Hermès: Designer Bags Inspired by Women

From Jane Birkin to Princess Diana and Jackie O, find out how women inspired and helped design the most sought-after bags on the luxury market today.

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Mary Zubritsky

LE PRIX: SHOP & CHAT WITH REAL AUTHENTICATION

What’s Real Authentication? It’s a designer authentication company that lets you authenticate and verify your item from anywhere, anytime…which means there’s an app!

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Mary Zubritsky

How to Get Started Selling on Instagram

Selling on social media works. Instagram especially is a powerhouse and especially more important during this pandemic. Our store partners have shared how they have been able to adapt and grow during this time by shifting how they do business in-store to on Instagram. If you’re new to Instagram, we’ll walk you through 10 easy ways to grow your business on Instagram. But let’s start with the basics.

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Mary Zubritsky

Hermes Blind Stamp Guide

So, you’d like to add some Birkins to your store in 2021? We support this decision. Despite the pandemic, the Hermès Birkin is still the world’s most coveted, exclusive, and elusive bag—so go ahead and stock up!

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Mary Zubritsky

How Easy is the Wholesale Process

2020 has been quite the wild ride, but remember we’re here to support your business. Whether you’re just now allowing people into your consignment boutique, or you’ve moved totally online, you still need great inventory.

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Mary Zubritsky

What Should You Do With Excess Inventory?

If you haven’t heard, retail was hit with a Pandemic problem in 2020. And while the blame doesn’t land on the retailers themselves, they sure did suffer the consequences. Clothing sales were down, inventory wasn’t moving, customers weren’t spending much money, and now retailers are stuck with overstock.

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Mary Zubritsky

How to Add Pre-Owned Luxury to Your Assortment

So, you’ve decided to add designer consignment to your contemporary mix. Congrats! It’s no secret that social media influencers, TikTok trendsetters, and celebrities ensure luxury handbags and accessories by Louis Vuitton, Gucci, and Dior are in your face more than ever before—and that means demand for designer resale is about to reach a boiling point. Right now, the global luxury market is growing four times faster than the primary luxury market, it’s dominated by the secondhand buyer, and it’s on fire.

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Mary Zubritsky

A Guide to Dior's Most Amazing Bags

Dior was so dedicated to ensuring every modern woman of the Fifties looked impeccable and elegant, he wrote a guide called “Little Dictionary of Fashion” in 1954, which included rules about fashion and handbags. He said purses should always be made of the highest quality materials and exclusively handcrafted.

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Mary Zubritsky

How to Adapt Your Business from Consignment to Buyout

As we enter the Fall season, many people are looking to ditch their summer wardrobes and step into the chilly, crisp weather with a new bag and accessories for Fall. So, what does that mean for your business? Time to stock up!

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Mary Zubritsky

Hermès 101: The Iconic Hermès Constance

Launched in 1959, the Constance was created by in-house designer, Catherine Chaillet, and named after her first child. This was the first flap bag for Hermès, featuring a flat top, adjustable shoulder strap, the option of a single or double gusset (or compartment) and the gleaming H buckle closure.

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Mary Zubritsky

Just Mad About Goyard Bags, Wallets, Pouches & Luggage

"Luxury is a dream and revealing too much of what goes on behind the scenes would spoil the magic,” a Representative for the House of Goyard

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Mary Zubritsky

About LePrix Wholesale

Hi, we're LePrix Wholesale. We are the world’s first digital, pre-owned luxury wholesale platform driving real business growth for buyers. We made wholesale buying simple and easy to use. Our mission is to revolutionize the wholesale industry for vintage luxury.

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Mary Zubritsky

From Then to Now: Gucci Handbags

Gucci was established in 1921 by Guccio Gucci, an Italian man who sold leather goods and luggage from his store in Florence, Italy.

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Mary Zubritsky

Fendi Bags: A Brief History of Fun, Fabulous Handbags

"I drew the Double F in three seconds, and it became the acronym of the Fendi house." - Karl Lagerfeld

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Mary Zubritsky