Industry Press

Luxury Hand-Me-Downs Are Now Worth Billions of Dollars

A basic Birkin, roughly $10,000 to buy new in one of Hermès’ U.S. boutiques, will set shoppers back $24,000 or more from major resale dealers like Privé Porter.

Las Vegas Strip resort casino adds a one-of-a-kind experience

Getting shut down at Hermes, people are going to say, “I’m just gonna go over to the Venetian and Privé Porter where I could buy two, three, four at a time if we want to.’”

$35K is the average price for a handbag at this new Vegas retailer

The store has about 650 sf of floor space in the Grand Canal Shoppes”, Jeffrey Berk said. “Two groups of customers are allowed in the store at a time due to security reasons

The State of Luxury Resale, The secondary market for luxury goods holds significant promise

...In such circumstances, secondhand can be profitable for the brands involved. Take the example of Privé Porter, the world’s largest reseller of Hermès bags...

Mon Dieu! Chanel Challenges Hermès in Bag War

“They are raising prices because customers are willing to pay. At the high end, there is no pushback,” says Michelle Berk, CEO of luxury handbag reseller Privé Porter.

Luxury Reseller Privé Porter is Preparing to Enter into the Metaverse

A number of new filings with the U.S. Patent and Trademark Office seem to indicate that Privé Porter is quietly preparing to enter into the metaverse and might be bringing its c...

Can the Birkin Bag Survive the Resale Market?

On almost any given day, Privé Porter in Miami has a rotating lineup of nearly 80 of the newest Hermès Birkin bags, in pristine condition and all accessible with the click of a ...

Got a Birkin Bag to Sell? That's a Problem for Hermès

Luxury accessories reseller Privé Porter that are cited in a coming book about the Birkin resale market titled “Moneybags.” Based on Hermès’ full-year numbers released this week...

Tokens take the runway at Metaverse Fashion Week

According to Berk, Privé Porter plans to become involved with e-commerce to reach other platforms and expand, which is why the reseller featured 3D NFT Hermès Birkin and Kelly h...

Privé Porter To Mint NFTs At Upcoming Decentraland Metaverse Fashion Week

The future of the luxury resale market will be linked to the metaverse, and 3D from Privé Porter as part of Metaverse Fashion Week is just the starting line,” said Mike Toner, ...

Date Kanye “Ye” West and Get a Birkin Bag?

He bought one for girlfriend Chaney Jones for a reported $275,000 from Privé Porter during its collaboration with Decentraland’s Metaverse Fashion Week 2022.

Sales of luxury goods such as Chanel handbags, designer trainers and fine wine are at an 'all-time high'

Jeffrey Berk, co-founder of Prive Porter, another online luxury reseller, told the publication they are seeing more handbag sales than ever, as wealthy collectors see buying the...