In episode 291 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jeffrey Berk, managing director at Privé Porter, a luxury goods resale e-commerce company, specializing in sourcing and delivering authentic Hermès handbags. Listen in as Berk discusses the luxury handbag resale market, Privé Porter's unique business model of reselling hard-to-find Hermès handbags, and his professional background in luxury goods. He shares why Instagram has been a valuable growth platform for Privé Porter, how the company navigates the unique challenges of the luxury handbag supply chain, as well as how the luxury goods market and customer have evolved in the past year during the COVID-19 pandemic.
Furthermore, Berk discusses why Privé Porter decided to open its own brick-and-mortar stores, how the company chose a key location for its first store, and the authentication process behind buying and selling Hermès inventory. Lastly, he shares how he plans to grow the Privé Porter team and expand into new geographic markets to fuel growth in 2021 and beyond.
Jeffrey Berk has worked in luxury goods sales, advertising and finance for more than two decades, working with the world’s most coveted and iconic fashion brands. As co-founder of Privé Porter, a global leader in luxury collectable accessories, he has consulted with industry analysts, journalists, and venture capital firms on the luxury goods marketplace, and been interviewed for The New York Times, The Wall Street Journal, Forbes, Bloomberg Radio, and TheStreet. He also co-founded the nonprofit The Little Lighthouse Foundation, which has generated over $2 million in donations over the past decade to assist at-risk children throughout South Florida. Jeffrey and Michelle Berk have also donated to an assortment of charities, including ACLU of Los Angeles, The Leukemia & Lymphomia Society, French Institute Alliance Francaise (FIAF), Art for Life, and Literacy Partners of NY.