Just six months after asserting its closure, Luxe Collective has made a dramatic return, this time beneath new possession. The Liverpool-based luxurious resale platform, based by brothers Ben and Joe Gallagher, has been acquired by US resale big Fashionphile, one of many world’s largest and most established luxurious re-commerce firms.
The firm introduced the information on Instagram, writing: “We’re back. Bigger and better than before. 😎
We can officially announce that Luxe Collective has now been acquired by @fashionphile – the biggest pre-loved company in the world 🌎 We are so excited for the next chapter of our journey with you 💗.”
The comeback follows what Ben Gallagher known as “one of the hardest decisions of [his] life.” In May 2025, Luxe Collective introduced it was shutting down after a devastating £500,000 warehouse theft, which worn out practically half its stock and pushed the enterprise past restoration.
Gallagher advised followers on the time: “After preventing each day simply to maintain the lights on it grew to become so robust that we thought there was no different alternative.
“The criminals who broke in haven’t just ruined the company. They ruined the livelihoods of not just me and my brother, but all the amazing staff that we’ve had to make redundant.”
The determination to shut got here because the UK’s luxurious resale sector confronted a spate of focused thefts. In September, London’s Break Archive suffered a second theft at its showroomwhereas Phoenix Style was hit by two raids in 24 hours earlier this 12 months, shedding round £15,000 in purses.
Experts warn the wave of organised crime focusing on luxurious resale is threatening one among trend’s quickest-rising sectors. Unlike conventional retail, resale companies have a tendency to carry excessive-worth inventory in concentrated areas, making them extra susceptible.
For Luxe Collective, the assault was catastrophic, not solely financially, however emotionally. Gallagher admitted that the stress of the aftermath clouded his determination-making and management. But in his announcement this week, he revealed that help from the model’s loyal group reignited his dedication:
“When we announced we were closing, the amount of support we received was unbelievable… The comments, the messages, and people stopping me in the streets were overwhelming. After a difficult 12 months, we forgot what we had achieved, what we had built and the people we had helped and inspired along the way.”
In the identical put up, Gallagher shared that Luxe Collective’s connection to Fashionphile stretches again years:
“Six years in the past, about one 12 months into constructing Luxe Collective, I got here throughout an organization primarily based within the USA doing precisely what we have been doing (shopping for and promoting luxurious) besides it regarded far more skilled, they usually had 20,000 items in inventory in comparison with our perhaps 80 on the time.
“It turned out that company had been around for 20 years, was founded by a woman and her brother-in-law, and they did over $500 million in revenue. I would like to introduce to you… Fashionphile Collective. The UK division of the biggest company in the pre-loved industry in the world. The boys are back in town. We are now open for business.”
Founded in 1999, Fashionphile is extensively recognised as one of many pioneers of authenticated luxurious resale, specialising in purses and equipment from manufacturers like Hermès, Chanel and Louis Vuitton. The acquisition provides the US big an instantaneous foothold within the UK.
For Luxe Collective, the transfer marks each survival and reinvention. Under Fashionphile’s possession, the model positive aspects entry to international logistics, authentication experience and capital.
As Gallagher concluded: “The boys are back in town. We are now open for business.”