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. *LePrix is not affiliated with any brands in any manner. All items are LePrix Vetted and Approved: LePrix’s team of specialists inspect every item...

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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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Black Friday is Upon Us: Is Your Store Stocked Up and Ready to Sell?

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...

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Chanel Raised Its Prices Again

There were rumors circulating about another Chanel price increase, and last week (on November 3rd) it became a reality. Our sources alerted us early on that the bag prices would increase on the top-selling Classic Flap, Re-issue, Boy Bag, Trendy, and Chanel 19…and they went...

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Chanel to Limit the Number of Bags a Shopper Can Purchase

While you might’ve heard rumors that Chanel is limiting the number of bags a shopper can purchase in a year, we’re here to tell you it’s true — if you live in South Korea. In an effort to increase the exclusivity factor and take on the designer resale market,...

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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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Don't Let the Luxury Goods Shortages Ruin Everything

Even if you haven’t been paying attention to the news, supply shortages are popping up in all businesses and industries. Business and economic experts are encouraging consumers to start purchasing gifts earlier than usual for all holidays this year and possibly next. Top global...

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Fall 2021 Pre-Owned Designer Trend Report

Happy holidays! ‘Tis the season for our Fall 2021 wholesale recap on sales, best-sellers, and trends. We’re pleased to report the demand for designer resale items like the Chanel Classic Flap Bag and the Hermés Birkin haven’t slowed down at all — in fact, we’re seeing quite the...

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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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