Tag: luxstyle

  • Maxi-Cash opens its first LuxeStyle outlet in Australia

    Maxi-Cash opens its first LuxeStyle outlet in Australia

    Singaporean pawnbroker Maxi-Cash has opened its first Australian LuxeStyle boutique.

    Located in downtown Melbourne, the flagship boutique offers a variety of pre-loved luxury timepieces, designer leather bags and branded jewellery, including gold, diamonds, precious stones and pearls.

    Shoppers can expect to find luxury items that are handpicked under the “strictest inspection to ensure authenticity and top notch quality”, including Rolex, Cartier, Bulgari, Chanel, Prada, and Louis Vuitton.

    Customers will also have the opportunity to bring in their pre-loved or unused bags, timepieces or jewellery to exchange them for cash or trade in on a newer style or model.

    “As an established and a trusted retailer in Asia, we specifically had our eyes set on one of the world’s most livable cities and the fashion capital of Australia, Melbourne, to open our first Australian Maxi-Cash store,” said Ng Leok Cheng, Maxi-Cash CEO.

    He said 24K and 22K gold, luxury jewellery and timepieces, which all retain their value for years to come, are in high demand the world over.

    “We were quick to recognise a gap and an opportunity for expansion into the Australian market. We look forward to continuing to build our reputation for excellence amongst local shoppers as well as international visitors on holiday in the city.”

    Established in 2008, Maxi-Cash was the first pawnbroker to be listed on the Singapore Stock Exchange. It has 47 boutiques across Asia, including in Singapore and Malaysia.

  • CASE Singapore warns consumers about LuxStyle International

    CASE Singapore warns consumers about LuxStyle International

    Singapore shoppers have been warned about dealing with LuxStyle International Sales. The Consumers Association of Singapore (Case) has released a consumer advisory notice updating its previous advisory on LuxStyle, reminding consumers that they are “not obliged to make any payment to a business for goods or services that they did not explicitly agree to purchase”.

    The Case advisory follows complaints it had received against the Danish online retailer dating back to 2016. The complainants held that LuxStyle had sent out payment notices to consumers who had not agreed to any purchase. According to consumer reports, site visitors were charged by the firm after having entered personal payment information for the purposes of viewing prices, even though they had not proceeded to make a purchase.

    Case issued a consumer alert against LuxStyle in May 2017, but has received a further 18 complaints against the business since then.

    Some consumers have now been contacted by a debt collection agency asking for payments claimed by the firm. According to the advisory, since contacting the collection agency Case has been assured all related debt recovery action has now been cancelled, and that any consumer who made payments on the matter should be fully refunded.