Our founders Elise Whang and Emily Erkel were featured today in Entrepreneur Magazine on how they took a side hustle and turned it into the the largest global B2B platform, revolutionizing how retailers source pre-owned luxury. Read the full article here: https://lnkd.in/ecu-v94g
LePrix
Retail Apparel and Fashion
Bethesda, Maryland 3,139 followers
LePrix is the premier B2B platform, reinventing how retailers source pre-owned luxury.
About us
LePrix is the premier B2B platform, reinventing how businesses source pre-owned luxury. Sourcing pre-owned can be cumbersome and inefficient, we’ve made it simple and smarter so you can source efficiently and at scale.
- Website
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leprix.com
External link for LePrix
- Industry
- Retail Apparel and Fashion
- Company size
- 11-50 employees
- Headquarters
- Bethesda, Maryland
- Type
- Privately Held
- Founded
- 2019
- Specialties
- marketplace, luxury, SaaS, resale, consignment, and wholesale
Locations
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Primary
Get directions
4641 Montgomery Ave
Suite 515
Bethesda, Maryland 20814, US
Employees at LePrix
Updates
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As the first to bring the B2B luxury resale industry online including some of the most exclusive auction houses, we're excited to announce the our new office in Japan as part of our growth and expansion. Read more about how we're scaling our operations to meet the growing demand here: https://bit.ly/3QjiueJ #luxuryresale #b2b #preownedluxury #resaleindustry
The #fashion resale market in Japan is experiencing robust growth, driven by evolving consumer attitudes toward #sustainability and the increasing appeal of unique, vintage and #luxury items. Cultural acceptance of secondhand goods is rising in the market, particularly among younger consumers who see pre-owned items as a way to express themselves while being #ecoconscious. Secondly, the affordability of resale items has become attractive amid rising costs of living, especially for high-quality or luxury brands. Compared to other markets, luxury #resale in Japan is better known for high-quality, authentic luxury goods. In this piece by Zofia Zwieglinska, we speak to Mike Forrest of LePrix .
LePrix establishes offices in Japan amid the market's rising resale demand
https://www.glossy.co
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Decades of studies have shown that women help increase productivity, enhance collaboration, inspire organizational dedication and improve fairness in organizations. Despite these benefits, only 10% of Fortune 500 companies are led by women. Not only are we female founded, we are proud to share that 67% of our team are women. What a privilege to work with such extraordinary women, who are innovating and bringing the luxury resale industry into the future. #WHM #IWD #WomensHistoryMonth #femalefounded #femaleentrepreneurship #femaleleaders Elise Whang Emily Erkel
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Our Co-Founder & CEO, Elise Whang was interviewed by Fashion Dive on what the latest update on the case of Chanel v. What Goes Around Comes Around means for the resale industry. Read the full article here: https://lnkd.in/ebxCKAZ7
Chanel seeks permanent injunction against What Goes Around Comes Around
fashiondive.com
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We are so honored to win this year's 2024 Rising Sustainable Brand by Hey Social Good and Informa at COTERIE. As COTERIE'S official sustainability partner, we were also verified as a sustainable brand by Informa Hey Social Good for socially responsible practices that align with the United Nations Sustainable Development Goals. We are incredibly proud of our team for continuing to build a better, more sustainable future and making a positive impact! #sustainability #sustainablefashion #leprix #luxuryresale
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What does the Chanel v. WGACA verdict mean for your 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. Read more here on what this means for your resale business and what actionable recommendations you can make today: https://bit.ly/49Mb4Iy
What does the Chanel v. WGACA verdict mean for my resale business?
leprix.com
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We're excited to be featured at Coterie Informa! If you're in NYC and plan to be at Coterie this week, please stop by our booth # 5532. You'll be able to meet members of our team, learn more about how LePrix can help grow your business, source a curated selection of items and more. Hope to see you there! #coterie #leprix #resale #preownedluxury
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At UBS 'Best Practices from Female Founders on Navigating Building, Owning and Selling Their Business' event in Miami, our CEO Elise Whang shared her journey of starting LePrix and the lessons she's learned as an entrepreneur. #entrepreneurship #femalefounder #startingabusiness #resale #leprix
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Our co-founder Emily Erkel recently spoke with Glossy on the growth of live commerce and what will define the success of TikTok Shop. Read the full article here: https://lnkd.in/e-n2B-DC
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We are so proud to lead sustainability efforts in the luxury resale B2B industry. By empowering businesses to source efficiently and at scale, we've kept millions of pre-owned luxury in circulation, saving over 1.6M liters of water and 1.5M lbs of CO2. A huge thanks to Purse Bop for sharing our 2023 Resale Report. For more info including what brands are trending and how consumer tailwinds impact B2B sourcing, check out the report here: https://lnkd.in/eUN6wEmf
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