Wholesale Blog

Prada - From History to Future

Prada, a brand synonymous with luxury and avant-garde fashion, has been a defining force in the world of high-end style for over a century.

Introducing Our New Curated Stock Program

You asked, and we listened! We’re thrilled to introduce our new curated stock collection, designed to provide a seamless and profitable purchasing experience. Want to know how it works? Read our in-depth blog below to learn how to start sourcing from this collection for your business. Here's what you need to know:

Top 10 Tips to Grow on Social Media, According to an Expert Social Media Strategist

Essential steps to grow your community and sales on social media. Learn how to elevate your brand and grow your business.

Auction Tips for Success

Key takeaways to help you understand auctions and tips to boost your chances of winning.

Getting Your Instagram Account Reinstated

Could the Resale Industry Gain Billions in Incentives from New Legislation?

Did you know that The Americas Trade and Investment Act may impact the resale industry in the size of billions in loans and grants for companies (like yours) that are supporting circularity? The Americas Trade and Investment Act, also known as the Americas Act, was initially drafted last year to strengthen trade and manufacturing relationships between North America, Central America, South America and the Caribbean. Last week, Senators Bill Cassidy and Michael Bennet and Representatives Maria Salazar and Adriano Espaillat officially announced the full bill, which includes subsidies and incentives for circular fashion companies.

What does the Chanel v. WGACA verdict mean for my resale business?

Six years ago, Chanel Inc. initiated legal action against What Goes Around Comes Around (WGACA), citing trademark infringement, false association, and false advertising, among other claims. Just recently, a federal jury in NY unanimously ruled in favor of Chanel on all counts, awarding Chanel $4 million in damages - a victory that stands as a win on principle alone - for this $71B luxury brand. The verdict has sparked alarm in the resale world, prompting questions about its implications for resale businesses. This landmark case does not halt the resale industry in any way; instead, it offers valuable insights for the pre-owned resale sector on how to sell and market second-hand luxury goods without infringing on any brand's trademarks. Let's delve into some key takeaways.

LePrix’s 2023 Resale Report

Discover the most comprehensive analysis of the luxury resale B2B industry. LePrix's data team performed a deep dive on analytics, recaps industry trend learnings for 2023, and shares their takeaways on what retailers will be sourcing in 2024.

Launch of Pre-Owned Luxury Watches

Pre-owned luxury watches are now available. Each pre-owned luxury watch sourced on LePrix is inspected and authenticated. Add watches from highly coveted brands like pre-owned Rolex, Omega, Cartier and more to your business and tap into a rapidly growing, high demand luxury category!

Important Updates Coming to LePrix

We're excited to announce three main feature updates coming to LePrix in partnership with ba/ance.

How to Grow My Sales

For business owners, increasing sales is key, so we've gathered 15 ideas to help you do just that.

We're More than Just Bags

Discover a diverse assortment of over 10,000 items across multiple luxury categories every week.

How to Find the Best Deals in Stock

There can be over 10,000 items listed under 'Stock' at any given time. Find the best, well priced items that your customers will love!

The Luxury Brand Hierarchy

Knowing which brands will yield your highest margins are key to your business's growth.

Why Your Business Needs a Subscriber List

Social media platforms like Instagram and Facebook are a great way to market your resale business. However, we’ve all heard stories about businesses that have had thousands of followers losing their pages with no recourse, which can be devastating for a business. This is why you must have a subscriber list.

Authenticated by the Best-in-Class, Independent Authenticators

Ever wonder why LePrix uses independent, third-party authentication companies to authenticate? Learn more about the benefits of using the best-in-class independent authentication companies and how this helps your business establish trust and credibility.

What is Louis Vuitton’s New Neverfull Waitlist Policy?

Rumors are swirling that Louis Vuitton is halting production of its iconic Neverfull bags. The recent news has been met with some people praising Louis Vuitton’s decision and others mourning the loss. So, is Louis Vuitton discontinuing the Neverfull?

How to Use Our Condition Guide to Source the Best Pieces for Your Business

As top designer brands like Louis Vuitton and Chanel continue to raise retail prices, more consumers will flock to resale sites to find the best designer deals. Meeting consumer demand means resale businesses need a transparent partner to source from, since tears, scratches, and cracking can make or break a sale.

Buying vs. Consignment Which Should You Use to Stock Your Business?

The demand for resale products is skyrocketing, and some of your customers' most-wanted bags and accessories are becoming very hard to find. So, how do you make sure you receive the Louis Vuitton and Chanel bags they really want? You could buy them from a wholesale supplier, rely on customer consignments, or try a combo of both.

Celine: A Brief History of Fashion, Leather Goods & Authentication

Celine is a French luxury fashion brand that was founded in 1945 by Céline Vipiana. The brand has gone through various changes over the years, but in 2008, Phoebe Philo became the creative director and brought a new vision to the brand. During her tenure, Celine became known for its minimalist aesthetic, clean lines, and luxurious materials.

Chanel Price Increase 2023

It's happening again. Chanel is increasing prices globally after its last price increase in August 2022. The expected date for the hike is March 2 and will include the most popular styles like Classic Flap. In the US, the Chanel Medium Classic Flap retailed for $8,800 in the United States and is expected to rise to $10,200 starting today. That’s a 16% increase!

How to tell if a designer bag is vintage

While the fashion industry continues to produce new designer bags every season, many in-the-know fashion aficionados prefer vintage bags because they offer uniqueness, time-honored style, and value appreciation over the years.

Why Beat-Up Designer Bags are the New Luxury

In the spirit of past style revival, designer resale pieces in fair condition are a new luxury trend taking catwalks and sidewalks by storm. Driven by the desire to display both lived-in luxury and the opportunity to buy a highly coveted piece without dropping top dollar, bargain-hunters and connoisseurs alike are scooping up less-than-perfect luxury designs for less.

Investment Pieces: Rare Louis Vuitton Bags

It's no secret one of the reasons people shop for designer resale is to score a rare or limited-edition piece. Whether it's from a designer collaboration that sold out almost immediately, was once owned by a celebrity, crafted from a rare material (like the Himalayan Birkin), or brings back feelings of nostalgia from years ago, no one wants to feel like they missed out on a piece of the past.

Investment Pieces: The Designer Collabs You Need Now

From Louis Vuitton x Yayoi Kusama to Fendi x Tiffany & Co. and Balenciaga x Supreme, these are the designer collabs you need to invest in for your business.