The Valuence Group offers life-changing value tailored to all stakeholders, encouraging every person in the world to live true to yourself. Valuence Group company Valuence International Europe (Headquarters: Paris, France, Representative: Yusuke Sorimachi) has announced that luxury brand item buying business Nanboya has expanded into Turkey. Its first location in the country, Nanboya Istanbul Göztepe, opened May 17, 2021, and will start full-scale operations in June 2021.
Opening of Nanboya offices in Turkey in cooperation with local partners
Turkey is located at the nexus of Europe, the Middle East, Central Asia, and the Caucasus—a crossroads of civilizations. The Turkish market is expected to grow significantly in the future due to an expanding younger generation and middle class. These attributes have attracted the attention of the EU and other neighboring countries. Nanboya opened a new location for its luxury brand item buying business believing that the high consumption of luxury goods in Turkey aligns well with the Valuence Group’s buying business.
The first office in Turkey has been opened inside the office of a local partner located in Istanbul, the economic center of Turkey. As with previous office openings overseas, Nanboya will share its expertise in customer service with the local partner company, while the Valuence Group will handle valuation and pricing. Through speedy appraisals and the proposal of a sustainable lifestyle in which unused luxury brand goods are sold to those who need them, Nanboya will deliver high experiential value service to its customers.
Business development in Turkey will begin with by-mail purchasing, online purchasing, and in-home purchasing. In light of the uncertain future regarding the COVID-19 pandemic, the group will allow customers to choose the purchase method that offers the most peace of mind. In addition, as the group plans to start in-office purchases beginning in June. The group plans to engage in online PR activities and appeal to target customers and expand brand recognition.
Valuence Group has opened 15 offices overseas
To achieve the goals of its medium-term management plan VG1000, the group has pursued speedy overseas expansion in collaboration with local partners. This opening in Istanbul, Turkey, marks the 15th office opened overseas. The group will continue to open offices in various countries, mainly in Asia and Europe, to expand its buying business and spread reuse culture toward the creation of a recycling-oriented society.
■ Buying Office Overview
Nanboya Istanbul Göztepe is located at the corner of a local partner office in the Göztepe neighborhood, situated along the coast of the Asian side of Istanbul. Target customers will include local business people, residents shopping in the area, and the wealthy.
・Office name: Nanboya Istanbul Göztepe
・Opening: May 17, 2021 (Monday) *Pre-opening, full-scale operation from June.
・Services Offered: In-office purchasing, by-mail purchasing, online purchasing, in-home purchasing
・Business hours: 11:00 to 18:00 (local time)
・Location: Göztepe Mah. Taşmektep Sok. No:2 Konak Apt. Da:2 34730 Kadıköy / Istanbul / Turkey
・Eligible items: Watches, bags
・Language support: Turkish, English
・Official Website: http://nanboyatr.com/
・Facebook: https://www.facebook.com/Nanboya-Turkey
Valuence International Europe S.A.S.
• Established: March 2020
• Representative: Yusuke Sorimachi
• Head Office: Level 2, 21 boulevard Haussmann 75009 Paris France
• Business lines: Purchase and sales of luxury brand goods, precious metals, gems, etc.
*Valuence International Europe S.A.S. is wholly owned by Valuence International Ltd.
Valuence International Limited
https://www.valuence.inc/en/group/international/
• Established: November 19, 2008 (Group established: September 2015)
• Representative Director and President: Susumu Muguruma
• Head Office: 7F&8F, Nathan Hill, 38 Hillwood Road, Tsim Sha Tsui,Kowloon, Hong Kong
• Business lines: Purchase and sales of luxury brand goods, precious metals, gems, etc.
Valuence Holdings Inc.
https://www.valuence.inc/en/
• 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
*Valuence International is a group company of Valuence Holdings Inc. (Securities Code: TSE Mothers 9270)
