Business News

Rally, Privé Porter Offering Birkin Bags as an Investment

Privé Porter Founder Jeff Berk and Rally Road Co-Founder Rob Petrozzo join Bloomberg Businessweek host Jason Kelly to unveil the most exclusive H...

World’s most expensive handbag?

PrivePorter.com co-founder Jeff Berk on the handbag that could fetch more than $500,000.

Who Would Pay $300,000 for a Handbag?

Jeffrey Berk of Privé Porter explains on the NASDAQ who it started and where the Privé Porter business is going.

Record Price for Hermès Birkin Bag

Jeffrey Berk said about 50 percent of our supply from Hermès best customers whom, when offered a Birkin or Kelly they may not be crazy about.

The Privé Porter Customer Won’t ‘Grovel’ to Hermès Anymore

Privé Porter does a brisk business, it is the brainchild of entrepreneur Jeffrey Berk and his wife Michelle. He has a background in sales and fin...

Reseller Privé Porter Opens First Store At Upscale Miami Mall In Another Sign That Secondhand Is Here To Stay

“This is not an environment for anyone who isn’t a serious buyer. We don’t want to be in a position where women are coming in and posing for...

The State of Luxury Resale, The secondary market for luxury goods holds significant promise, but there are several key challenges to overcome, writes Luca Solca

Take Jeffrey Berk at Privé Porter, the world’s largest reseller of Hermès bags. It’s a known fact that Hermès sales associates ask “inner...

The 1% even shop for clothes differently than the rest of us

Jeffrey Berk, co-founder of Prive Porter, the Hermés reseller that is supplying the bags to Rally, confirms that “the collectable handbag categ...

Sales of luxury goods such as Chanel handbags, designer trainers and fine wine are at an ‘all-time high’ despite the pandemic because they’re a ‘safer’ investment than gold or stocks

Jeffrey Berk, Managing Director of Privé Porter. This pop-up is an audition to show that we bring the same Richard Mille-level customer whenever ...

The best handbags for spring-summer 2022

Privé Porter said that a 35-centimeter calfskin bag that would have sold for up to $20,000 in the resale market before the pandemic, depending on...

You can now buy ‘stock’ in a rare $52,500 Hermès Birkin bag, thanks to an online investing app — here’s how it works

“For a lot of wealthy customers, [Miami] is already on their list of yearly destinations to visit,” Jeffrey Berk, cofounder with his wife Mich...

Privé Porter, Hermès Birkin reseller, opens in Brickell

Jeff Berk, Privé Porter’s founder, “We received an overwhelming amount of interest on the bags,” he said of the two he sold, “and my wife...

Demand for Hermes Birkins Is Virus-Proof, Resellers Say

The declination of the retail, more specifically, malls, has been going on for a long time. As far back as seven years ago, Bloomberg was calling ...

Privé Porter New Miami Store is Stocked with Exclusive Birkin Bags

“It’s a generally accepted principle that these items hold their value,” said Jeffrey Berk, co-founder of Prive Porter, who says its resale ...

Hermès Posts “Strongest” Performance in Luxury Sector, While its Coveted Bags Withstand Pandemic at Resale

In a time when most retailers are shuttering stores and focusing on e-commerce, Privé Porter is shattering the 'glass ceiling' of secondhand luxu...

Inside Privé Porter’s $18m Birkin reselling business

Jeffrey Berk… is “moving more of the handbags than ever… customers are super-affluent and are largely immune to the financial impact of this...

Inside the Hermès Birkin Bag That Sold For Record $298,000

Privé says it has built over the years, and Jeffrey Berk admits that he has had first mover advantage because it got on Instagram so many years ago.

Are Birkin Bags Really a Better Investment than Stocks and Gold? One Company is Actively Testing That Theory

Jeff and Michelle Berk in 2008, had already built up a near-cult following before the famous reality television personality came strolling along t...

Privé Porter Opens Up First Ever Storefront in Miami’s Uber-Luxury Brickell City Centre

“No matter how wealthy someone is they are always looking to negotiate for a lower price,” Jeffrey Berk said, adding that the average sale pri...

Privé Porter

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

Law Christie’s and Heritage Aren’t Making Much Money from Birkins But This Instagram Seller Is

Jeffrey Berk added, “We’re not only chasing the Christie’s record for an auctioned Birkin that recently sold for $221,846, but we’re confi...

Online Platform Rallies Behind Birkin Bags

“We know how huge the luxury goods resale marketplace has become,” Jeffrey Berk told TFL. “Sitting atop all luxury goods, in terms of cost a...

Hermès Bag Purveyor Privé Porter Opening First Retail Store

Jeffrey Berk, the founder of Boca Raton, Fla.-based reseller Privé Porter. He sold it via a personal representative of the buyer and says he does...

Privé Porter – “The Key to Authentic Luxury” | Co-Founder Jeff Berk | Innovators with Jane King

Jeffrey Berk, cofounder of Privé Porter, told Business Insider. What we're bringing to Rally are pieces that the most sophisticated collectors in...

Privé Porter Opens Private Town House to Resell Birkins

The move to a physical location comes after year-over-year revenue growth from $1.5 million per month in 2019 to $2.5 million per month from April...

Only sell Hermès Birkin handbags and make a lot of money! Specialty store Privé Porter opens its first physical store in Miami

This handbag store from Florida, Privé Porter, was founded by Jeffrey Berk and Michelle Berk in 2008.

Birkin bags hit record prices even as the world ground to a halt during Covid. Here’s why

“The clientele for a Birkin or Kelly handbag suddenly wasn’t traveling, buying a house or a Bentley,” Jeffrey Berk said. “She had a lot of...

Even Hermès Shoppers Can’t Escape the Supply-Chain Crunch

Jeffrey Berk said that a 35-centimeter calfskin bag that would have sold for up to $20,000 in the resale market before the pandemic, depending on ...

Privé Porter To Mint NFTs At Upcoming Decentraland Metaverse Fashion Week

“Anybody from fashion, fashion tech, Web 3 and crypto is going to be checking out Decentraland Metaverse Fashion Week,” Berk said

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

Luca Solca and luxury accessories reseller Privé Porter that are cited in a coming book about the Birkin resale market titled “Moneybags”, pe...

Can the Birkin Bag Survive the Resale Market?

Jeff Berk said that his company maintains a stock…the big spenders with deep relationships with salespeople who reportedly offer Birkins as soon...

Mon Dieu! Chanel Challenges Hermès in Bag War

... Despite grumbling about the price increases on online handbag forums, the moves don’t seem to have damaged the brand. “They are raising pr...