Shift to Online-Only Auctions
All Product Categories Available for Bid Online
Shift Online Advances Significantly Ahead of the Originally Scheduled September 2020 Move
STAR BUYERS AUCTION began in April 2013 as a luxury item auction for dealers in the reuse industry. The company has since grown into one of the largest live auction businesses in Japan today.
In November 2019, STAR BUYERS AUCTION began preparations for a scheduled September 2020 shift to online-only auctions to allow overseas dealers the opportunity to participate. Valuence has now decided to move the transition ahead of schedule to the April auction, making all luxury brand watches, bags, jewelry, and accessories available for bid online to dealers in Japan and overseas.
Preparing to Accept Consignments From Domestic Vendors
Beginning with the April auction, STAR BUYERS AUCTION will accept articles on consignment from other vendors in Japan. In this way, STAR BUYERS AUCTION will not only be the in-house sales channel for Valuence group merchandise, but will also act as a sales route for other domestic vendors of luxury brand items.
In addition to expanding into apparel and other categories, the auction business is also preparing to accept articles on consignment from overseas vendors.
Safer and More Convenient
The move to online-only auctions and the creation of an online auction platform provide more options for scenarios such as the recent directives for voluntary avoidance of large gatherings and going outdoors. This platform will provide a stable route for Valuence businesses and other dealers to purchase and sell items online.
In addition to providing a safer platform for luxury item auctions in any situation, Valuence aims to establish this auction platform for the convenience of dealers across the world. The company will be announcing more services and functions related to this platform in the future.
STAR BUYERS AUCTION Overview
Luxury brand item auctions for dealers, launched in April 2013.
Items on auction include luxury brand watches, bags, jewelry,
and other items purchased by the Valuence Group offered in
stable quality and volume. STAR BUYERS AUCTION conducts live
auctions of diamonds in Hong Kong.
URL：http://starbuyers-auction.tokyo/jp/
STAR BUYERS AUCTION April Auction
Categories, No. of Items
– Watches: 3,100
– Bags: 4,200
– Luxury Brand Jewelry: 1,100
– Luxury Brand Accessories: (wallets, accessories, etc.): 3,500
Valuence Japan, Inc.
https://www.valuence.inc/japan/
・Established: September 10, 2019
・Representative Director and President: Kei Fujita
・Head Office: Shinagawa season terrace 28F, 1-2-70 Konan, Minato-ku, Tokyo, 108-0075
・Business lines: Purchase and sales of luxury brand goods, precious metals, gems, etc.
Valuence Holdings Inc.
https://www.valuence.inc/
・Securities Code: 9270
・Established: December 28, 2011
・Representative Director: Shinsuke Sakimoto
・Head Office: Shinagawa season terrace 28F, 1-2-70 Konan, Minato-ku, Tokyo, 108-0075
・Business lines: Conducts group business management and support, strategic planning, and other functions to maximize corporate value.
