Daily News: September 12, 2014

Tiger Group to Conduct Sale for American Optical

By order of the U.S. Bankruptcy Court, Tiger Group’s Remarketing Services Division will conduct an online sale of 1,600 pairs of one-of-a-kind exotic eyeglass frames and luxury designer frames valued at more than $1 million, along with optical and audiology equipment, office furnishings, technology and other assets of bankrupt Las Vegas-based eyewear specialists American Optical Services. The eyewear was formerly showcased at two luxury boutiques located in the Bellagio casino-hotel Bellissimo and MesmerEyes.

Online bidding opens September 18 at www.SoldTiger.com and will close in rapid succession, live auction style, on September 24 beginning at 10:30 a.m.(ET). Previews of the various assets being offered will be held September 19 at 8076 West Sahara Avenue in Las Vegas.

“This event is an unprecedented opportunity to purchase distinctive eyewear at considerable discounts and, more importantly, obtain unique, one-of-a-kind sunglasses typically relegated to exclusive venues only,” said Jeff Tanenbaum, president of Tiger Remarketing Services.

Carrying original retail pricetags of up to $30,000, the select exotic sunglasses will be offered for sale to the public and the eyewear trade on a unit-by-unit basis. The inventory includes such brands as Maybach, Bentley (Estede), IVKO USA, Chrome Hearts, Sama, and Cartier. Features include frames constructed of sterling silver and gold, and accented by diamonds, precious stones and buffalo horn temples.

Other designer brands on the block include Maui Jim, Oakley, Safilo, Oliver Peoples, Etnia Barcelona, Ottica Veneta, Dita Eyewear, Enteyesments, Marcolin, Luxottica, Palm Optical, Logo of the Americas, and De Rigo Vision. All will be sold in lots.

Available optical equipment includes items from such manufacturers as Humphrey Zeiss, Keeler and Topcon. The offering also includes audiology equipment formerly owned by AOS affiliate Excela Hearing Services from manufacturers such as Interacoustics, Oticon and Welch Allyn.

Networking and other IT equipment up for sale includes Cisco power supplies, an HP server and switches, phone systems, and Ethernet switches.

Office furniture and equipment includes seating, executive desks, conference room tables and seating, label and laser jet printers, kitchen and cafeteria equipment and seating, mirrors and artwork.

For a full catalog of the items offered and details on how to schedule a site visit and bid, click here.

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