Fashionphile acquires LXRandCo to expand into B2B Wholesale

“With this acquisition, we are excited to forge a new path in wholesale and provide trusted, authenticated, branded accessories to even more sectors of the growing second-hand market,” said Ben Hemminger, co-founder and CEO of FASHIONPHILE.

“LXR has been a pioneer and longtime leader in B2B wholesale within the pre-owned luxury space.

As we aim to maintain our position as the most sought-after brand for buying and selling pre-owned, ultra-luxury accessories, it is paramount that we participate and invest in all possible retail channels that touch re-commerce in the modern retail landscape.” Founded in 2010, Montreal-based LXRandCo, Inc.

has carved a niche as Canada’s leading omnichannel retailer of authenticated, pre-owned luxury accessories. The company has built a reputation for curating, sourcing, and authenticating high-quality products from iconic brands such as Hermès, Louis Vuitton, Gucci, Prada, and Chanel…