Soho Luxury Exchange

Nick-Damiani-and-RockoWhat year was your company established?
SoHo Luxury Exchange, located in historic Powell, opened last fall next to Kimberly’s Diamond Corner.

How did you get started? 
With help from my mother, my consignment business began in 2010. We leased a 3000 sqft storefront on Sawmill Road, SoHo Fashion Exchange, with the iconic New York Borough SOHO – “South of Houston” as my inspiration.

SoHo Fashion Exchange (SohoFX.com) housed a wide selection of reasonably-priced, brand-name and designer fashions for men and women within a few years.

With a little patience, selling previously-owned pieces through consignment can be more lucative than a much smaller amount offered immediately in cash. The benefits are far greater to both buyers and sellers, keeping cash flow steady, too.

Freshly out of school, what I lacked in experience, I made up in ambition and persistance, learning everything about the resale industry. I narrowed my focus on the most valuable merchandise – the handbags – namely Louis Vuitton, Chanel, Burberry, Prada, Gucci, and more, eventually becoming a pro with designer authentication, pricing, and selling.

My customers value peace-of-mind purchasing only authentic accessories, my consignors appreciate free price quotes on their precious pieces.

The opportunity to open SoHo Luxury Exchange (sohoLX.com) came last year. The entire store is shoppable online!

What makes your store unique? 
A carefully curated selection of only the hottest accessories from the best designers! We’re local and family-owned with a reputation for customer service that is second to none. Customers love our dogs, too! Our furry little mascots greet you at each location.

What would you like potential customers to know about your business?
Louis Vuitton is our best seller! We have an impeccable selection and offer generous consignment splits: from 70/30 (consignor/store) on all Louis Vuitton, Chanel, and Hermes products to aforementioned quotes on designers of the like.

Soho Luxury Exchange
12 West Olentangy Street
Powell, Ohio 43065
614-886-9190
www.SohoLX.com

Leave a Reply