Industry Analysis

2021 Wholesale Trend Report

What’s trending in 2021? Find out what brands, styles and even conditions are more popular this year than last. ...

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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. WE’VE GOT YOUR NUMBER Measuring your business’ performance using retail’s Key Performance Indicators (KPIs)...

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​Are You a Member of Clubhouse? Get the Inside Scoop.

There’s a new VIP club out there, but you need an exclusive invite by an existing member to get on the guest list! No, it’s not Soho House 2.0…have you heard about Clubhouse? It’s an invitation-only, audio chat app and podcast mecca that lets like-minded people gather in chat...

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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,...

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​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...

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How Easy is the Wholesale Process?

Blog: 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. LePrix...

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​HOW TO PRICE YOUR DESIGNER RESALE ITEMS

Whether you received a shipment of 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...

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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. We understand Hermès can be a bit intimidating. With a higher price point and for the more discerning customer, it can be a...

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​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. Instagram understands, and that’s why...

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

Black & White Photo Credit: Drew Dennis/Split Second Photography We’re excited to announce a very special partnership with Leather Surgeons, the world’s leading authority on handbag restoration, repairs, spa services and authentication of Chanel and Hermés handbags and...

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