hQ Department Store Collaborates With Daejeon International Auction Company and Sohu Micro-blogging For Luxury Goods Auction
As part of a collaboration with the Daejeon International Auction Company and Sohu’s micro-blogging service, Beijing’s hQ department store will hold a luxury goods auction featuring Louis Vuitton, Gucci, Chanel and other luxury labels from March 25-30, with a preview taking place on the 23rd and 24th.
From Netease (Translation by Jing Daily team):
The auction will include more than 1,000 name-brand bags, watches, glasses, pens and other items; Louis Vuitton, Gucci, Chanel, Hermès, Burberry, Prada, Versace, Dolce & Gabbana and others for luxury handbags, Rolex, Cartier, Vacheron Constantin, Omega, Longines, IWC, Patek Philippe and others for luxury watches.
The auction will be shown from March 23-25 at the hQ department store (the Dazhong Si branch) for the two days before the auction. The auction itself will begin March 25, and consumers can view the goods up for grabs for free. The auction lots include new products, as well as products in nearly new condition, many of which will start at as little as 30 or 40 percent market price and go for as much as 90 percent off retail. Bidders interested in participating are asked to present a valid ID to take part in the auction.
This auction will be conducted through electronic and live bidding, with auction commissions to be set at as low as 10 yuan.
For this auction’s luxury lots, Daejeon International Auction Company made a commitment to integrity. Winning bidders have three months after the auction to bring the lot to the relevant inspection department. If an item is proven to be a fake, the company will refund the full auction price and commission.
hQ department store (the Dazhong Si branch) is the new youth-targeted sub-brand of the Wangfujing Department Store group. The shopping mall fits into the youth fashion consumer market, is committed to providing expertise and professionalism, and will introduce the best consumer products to younger costumers. Since opening, hQ has been on the front lines of each trend, through a precise market position, a comfortable store environment, fashionable labels, and professional customer service, earning a majority of the consumer market, particularly the support of the youth market and white-collar workers.
hQ Department Store
Beijing, Haidian District, North Sanhuan Xi Road, Dazhong Si Plaza Section D
Hours: 10:00am – 9:00pm