Daily News: February 6, 2015

Tiger Group to Conduct Online Eyewear Assets Auction

Tiger Group’s Remarketing Services Division is conducting an online auction of more than 3,000 pairs of one-of-a kind exotic sunglasses and other eyewear from couture designers Sama and others. Individuals looking to unleash their inner movie star may also be interested in this event, which features inventory valued in excess of $1.6 million.

Carrying retail price tags of up to $35,000, the high-end Sama specs—a favorite among entertainers, athletes and even royalty—had been carried at retail locations across the country previously owned by American Optical Services, which filed for bankruptcy last year. Exotic eyewear by Cartier and Luxottica—previously showcased at AOS’ luxury boutiques Bellissimo and MesmerEyes located at Bellagio casino-hotel—will also be available for sale.

The select designer shades and other eyewear—typically priced beyond the mass market’s reach—will be offered for sale to the public and the eyewear trade by lots consisting of one or more pieces. In addition to Sama-branded eyewear, the inventory includes such Sama lines as the Loree Rodkin collection and select sunglasses and eyewear from the Badgley Mischka and the Sahara collections. Features include frames constructed of 24- and 18-karat gold, 18-karat white gold, platinum, and sterling silver, and accented by diamonds, topaz, tourmaline, fine leathers, and Swarovski crystals.

In addition to the frames from Loree Rodkin, the sale will include one-of-a-kind, 18-karat gold necklaces by the designer.

“This event is a once-in-a-lifetime opportunity to acquire diverse inventories of what some consider the world’s most exclusive, finest made, luxury optical frames and sunglasses,” said John Coelho, Senior Vice President of Tiger Remarketing Services. “For people who aspire to the styles of the likes of Al Pacino, LeBron James and The Royal Family of Monaco, this auction will provide a wide range of Sama luxury offerings that are typically relegated to exclusive retail optical venues.”

Online bidding opens February 12 at www.SoldTiger.com and will close in rapid succession, live auction style, on February 19, beginning at 10:30 a.m. PST.

For a full catalog of the items offered and details on how to bid, go to www.SoldTiger.com.

American Optical Services and certain affiliates filed for Chapter 11 bankruptcy on June 20, 2014 in the Delaware Bankruptcy Court.