Tiger Group will being selling via online auction the remaining assets of AOS located in Las Vegas, NV at their corporate headquarters facility. Assets to include:
* The $1,000,000.00 plus retail inventories from both the Bellissimo and MesmerEyes Bellagio Hotel/Casino boutique eyewear stores
* Corporate office furniture and equipment
* Audiological and optical equipment
The sale will commence 18-Sep and close 24-Sep at: www.SoldTiger.com
I have attached a press release with more details.
As always, if anyone has any questions or comments, feel free to call or email me.
Thank you,
John Coelho
Sr. VP - Remarketing Services
Tiger Group | Asset Intelligent
84 State St. 4th Floor
Boston, MA 02109
P: (617) 523-5866 | C: (617) 797-0430 | F: (617) 523-3007
JCoelho@TigerGroup.com
www.TigerGroup.com
Photo caption: The offering includes exotic sunglasses from Chrome Hearts, including these three handmade models with original prices (l. to r.) of $18,000, $27,000 and $ 9,550. The $27,000 gold-plated frame features diamonds and buffalo horn temples.
Note to editors: Additional high-res and medium-res photos are available from Parness & Associates.
For Immediate Release
AUCTION SET FOR LUXURY EYEWEAR, EQUIPMENT, OTHER ASSETS
OF BANKRUPT AMERICAN OPTICAL SERVICES
--Tiger Group to conduct online sale on September 24; inventory includes exotic sunglasses
with original retail prices up to $30,000
LAS VEGAS (9/11/14)—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 LLC. 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. (PT). Previews of the various assets being offered will be held September 19 at 8076 West Sahara Ave. 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 like 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, go to: www.SoldTiger.com.
American Optical Services LLC and certain affiliates filed for Chapter 11 bankruptcy on June 20, 2014 in the Delaware Bankruptcy Court (case number 1:14-bk-11545).
About Tiger Group
Tiger Group provides asset valuation, advisory and disposition services to a broad range of retail, wholesale, and industrial clients. With over 40 years of experience and significant financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger’s seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, provide capital or convert assets to capital quickly and decisively. Tiger’s collaborative, straight-forward approach is the foundation for its many long-term ‘partner’ relationships and decades of success. Tiger operates main offices in Boston, Los Angeles and New York. To learn more about Tiger, please visit www.TigerGroup.com.
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