In an effort to speed up circularity on the continent, LePrix, reputedly the largest wholesale site for shops to source premium pre-owned goods, has expanded to Europe. The Maryland-based company enables secondhand clothes stores to buy products from brands like Louis Vuitton, Gucci, and Chanel at a reduced price, helping to stock their shelves and promote used apparel.
“The $36 billion secondary market offers limitless opportunities. Getting online and in large quantities access to fantastic supply has been a business problem. LePrix is addressing that issue, according to co-founder and CEO Elise Whang.
