Company type | Private |
---|---|
Industry | Online marketplace |
Founded | 2013 |
Founder | Florian Martigny, Alexis Zirah |
Headquarters | , |
Parent | My Fashion Republic Group [1] |
Website | www |
Luxify is a Hong Kong-based company, providing an online marketplace for new, vintage and used luxury goods. [2] [3] The company manages an online marketplace website in which members buy and sell a variety of luxury goods. [4] It was Hong Kong's first online marketplace to buy and sell luxury goods [5] The site has over 15 categories, including real estate, watches, jewelry, luxury cars, yachts, aircraft, luxury handbags, art, collectibles, furniture, antiques and fine wines & spirits. [6] As of March 2016, the website had over 22,000 listings from luxury dealers from all over the world, making a US$18.6 billion marketplace. Luxify also has offices in Singapore and London and local partners in Shanghai and Jakarta. [7]
The company was founded in 2014 by Hong Kong-based businessmen Florian Martigny and Alexis Zirah to create a global marketplace specifically for luxury products. [3] When the founders were looking to buy luxury products in Hong Kong, they were disappointed when they couldn't locate a reliable online resource, where people could trade items. Realising that most luxury purchases, especially in Asia, were influenced by online touchpoints, they decided to create an online marketplace for new and used luxury products with the aim of creating more liquidity and transparency in the luxury market. They officially launched their website Luxify.com in 2014. [8] Luxify received its angel funding round from private investors located in Asia and Europe to continue its global expansion. [9] [10] [11] [12] [13] Luxify was named one of Asia's most promising internet companies in 2015. [14] The company also partners with luxury goods companies to widen their market and reach. [15] In June 2015, Luxify partnered with Landscope Christie's International Real Estate to offer consultative service for clients who wish to purchase the finest overseas vineyard properties. [16] [17] [18] Also, seeing Philippines as being one of the greatest economic growth countries in Asia, Luxify teamed up with Salcedo Auctions, which is the only auction house in the Philippines to specialise in the sale of fine art, jewelry, decorative arts and collective accessories, to promote its upcoming Collector's Sale auction. [19] [20] In October the same year, Luxify partnered with Zachy Wine Auction for its final auction of the Fall 2015 Hong Kong season to showcase collections of some of the finest wines and spirits. [21]
Apart from listing famous brand items like supercars and classic cars from Rolls-Royce, Ferrari and Porsche; and classic watches from Hublot and Rolex; Luxify also has notable and special listings:
Christie's is a British auction house founded in 1766 by James Christie. Its main premises are on King Street, St James's in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Amsterdam, Geneva, Shanghai, and Dubai. It is owned by Groupe Artémis, the holding company of François Pinault. In 2022 Christie's sold US$8.4 billion in art and luxury goods, an all-time high for any auction house. On 15 November 2017, the Salvator Mundi was sold at Christie's in New York for $450 million to Saudi Prince Badr bin Abdullah Al Saud, the highest price ever paid for a painting.
Sotheby's is a British-founded multinational corporation with headquarters in New York City. It is one of the world's largest brokers of fine and decorative art, jewellery, and collectibles. It has 80 locations in 40 countries, and maintains a significant presence in the UK.
Sycamore Valley Ranch, formerly Neverland Ranch or Neverland Valley Ranch, is a developed property in Santa Barbara County, California, located at 5225 Figueroa Mountain Road, Los Olivos, California, on the edge of Los Padres National Forest. From 1988 to 2005, it was the home and private amusement park of the American singer Michael Jackson. The ranch is about 5 miles (8 km) north of unincorporated Los Olivos, and about eight miles (13 km) north of the town of Santa Ynez.
Bonhams is a privately owned international auction house and one of the world's oldest and largest auctioneers of fine art and antiques. It was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. This brought together two of the four surviving Georgian auction houses in London, Bonhams having been founded in 1793, and Phillips in 1796 by Harry Phillips, formerly a senior clerk to James Christie.
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 as the international marketing dedicated to creating opportunities for Hong Kong's businesses. The organisation has fifty offices around the world, including 13 on the Chinese mainland. With more than 50 years of experience, its mission is to explore opportunities for Hong Kong companies, especially small and medium-sized enterprises (SMEs), and connect them with business partners around the world.
Joseph Lau Luen-hung is a Hong Kong billionaire. Lau is the former chairman of property developer Chinese Estates. He is an avid art and wine collector. His fortune is estimated by Forbes at $13.3 billion as of September 2021. In 2014, he became a convicted felon and fugitive in Macau.
Counterfeit consumer goods—or counterfeit, fraudulent, and suspect items (CFSI)—are goods, often of inferior quality, made or sold under another's brand name without the brand owner's authorization. The colloquial terms knockoff or dupe (duplicate) are often used interchangeably with counterfeit, although their legal meanings are not identical.
39 Conduit Road is a luxury residential property situated in Conduit Road in western mid-Levels of Hong Kong. It was developed by Henderson Land Development.
A wine auction may also auction other alcoholic beverages than wine. There are two basic types of wine auctions: first hand wine auctions, where wineries sell their own wines, and second hand wine auctions, arranged by auction houses or other auctioneers to make it possible for any owners of wine to trade it. In most cases, the wines traded at wine auctions are collectible "fine wines" typically suitable for extended cellaring. Second-hand buyers may be looking for mature wines which are no longer available first-hand. In all types of auction the auctioneer charges commission to both buyers and sellers.
Reebonz is an online platform for buying and selling luxury products. Members can shop on the web or mobile for new and used luxury merchandise. Visitors are required to log in via Facebook Connect, or register as a member with their email addresses before they can view and buy. Membership is free.
Paddle8 was an online auction house based in New York City selling fine art including Post-War and Contemporary art, prints & multiples, photography, street art and collectibles. Paddle8's sales focus on pieces priced between $1,000 and $100,000, all vetted by specialists for authenticity. Paddle8 had offices in New York, Los Angeles, London and Hong Kong. In 2016, Paddle8 merged with the Berlin online auction house Auctionata. In February 2017, Auctionata declared insolvency and Paddle8 became an independent company once again, before selling to Native in 2018, and then to Facebank AG in 2019. In March 2020, Paddle8 filed for Chapter 11 bankruptcy protection in New York just one week after the non-profit New American Cinema Group filed a lawsuit against the company for allegedly misappropriating funds from a charity auction.
JamesEdition is a global online luxury marketplace with headquarters in Amsterdam, Netherlands. The website has 15 different categories. These are: real estate, cars, jewellery, jets, helicopters, watches, yachts, extraordinaire, motorcycles, lifestyle & collectibles, residential developments, experiences, yachts and vacation rentals.
Spacious千居 is an online residential real estate marketplace, connecting buyers and tenants with residential and commercial properties throughout Asia. Spacious was founded in 2013 by Asif Ghafoor, former Goldman Sachs and Standard Chartered Bank development manager, senior IT director and application architect, and was part of Hong Kong Science and Technology Parks Corporation incubator program. Spacious is headquartered in Hong Kong.
Worthy.com is an online liquidation marketplace for pre-owned luxury goods including diamonds, brand-named watches, and diamond jewelry. Worthy is headquartered in New York City and was founded by investment banker Ben De-Kalo in 2014.
Carousell is a Singaporean smartphone and web-based consumer to consumer and business to consumer marketplace buying and selling new and secondhand goods. Headquartered in Singapore, it also operates in Malaysia, Indonesia, the Philippines, Taiwan, Hong Kong, Macau, Australia, New Zealand and Canada. Carousell is available on both iOS and Android devices.
Tiancheng International Auctioneer Limited is a niche auction house that specialises in the sale of Chinese art as well as jadeite. Its headquarters is in Hong Kong, with other offices in Shanghai and Beijing.
Concierge Auctions is a residential real estate company based in New York and Texas. It auctions properties to the highest bidder.