portero.com

PRESS HIGHLIGHTS 2008

November 20, 2008
Want Designer Goods Below Retail Price?
NBC
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November 16, 2008
Staying stylish busting your budget? Try renting that designer handbag
Palm Beach Post, Allison Ross
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November 15, 2008
Exotic Items Defy Downturn
Financial Times, Lucie Greene
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October 28, 2008
Luxury Institute's Wealth and Luxury Trends -- 2009 and Beyond
Market Watch
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"the traditional luxury industry has been slow to adopt Web 2.0...Meanwhile, innovators such as..., Portero, are gaining traction ...by aggregating categories of bespoke luxury designers and producers in one-stop-shop destinations."



October 27, 2008
Strange Ways to Get Out of Debt
Fox Business
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"Individuals who sell their items on Portero can expect to see money about two weeks after the auction ends."



October 24, 2008
Cash Is the New Black
Newsweek, Jessica Ramirez
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"It's [shopping on Portero] so much more advantageous than going into a retail boutique when you consider the caliber of what you're getting [bought a Cartier watch for $9.135, retail price is $23,000], it's a no-brainer."



October 23, 2008
Discount Luxury for Sale as Recession Looms
BusinessWeek, Jane Porter
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"(people) are auctioning off their bling on sites like Portero.com. In the last three months, Portero, which guarantees the items aren't knockoffs, has been inundated with Tourneau watches, Hermès handbags, and stacks of gold jewelry."



October, 2008
How to Shop Smart in a Bad Economy
CNBC
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"Portero.com – The eBay for luxury items where everything sold is 100% authenticated."



September 24, 2008
Choosing Cash Over Cachet
Portfolio.com
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“"It's a shift in the way they are viewing their assets," says Stephanie Phair, head of merchandising at Portero.com, a luxury-goods consignment website, of her sellers. They increasingly want to recoup some of the costs of old items before charging ahead with new ones, she adds.”



August 4, 2008
One of Style Chicago's Favorites
StyleChicago.com
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“Portero offers a unique mix of brands, partnerships, product expertise, and dedicated customer support specialists.”



July 15, 2008
eBay Verdict is Egregious Injustice to the Consumer
Market Watch, Luxury Institute
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"Luxury auction sites like Portero.com are leading a new era of commercial and social responsibility that will be defined by removing the burden of proof from the consumer and taking responsibility for assuring and protecting the consumer from counterfeit branded luxury goods."



July 7, 2008
Battling Counterfeiters
Pittsburgh Post-Gazette, LaMont Jones
"Sellers of counterfeit Burberry, Gucci, Chanel and other luxury handbags rake in millions of dollars a year, and the big-name brands are going on the offensive more than ever. Some businesses are trying to get around the problems that have plagued eBay. After selling on eBay for a while, Michael Sheldon saw a need for an authentic-luxury-goods-only site and launched Portero.com a year ago."


July 7, 2008
Genuine Online Luxury
Forbes.com, Vidya Ram
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“ sales at Portero will continue to soar, especially if eBay's legal headache continues. ”





July 7th, 2008
Online Luxury: An Interview With Portero.com
The Luxe Chronicles
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"One of our beliefs at Portero is that luxury, like art, needs to be curated and edited. So, we proceed very much like Christie's or Sotheby's in that we build relationships with collectors."



July 4, 2007
Buying fake has high price
Toronto Star, Bernadette Morra
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"EBay says it deletes auctions that are found to have counterfeits. It would be better to take a page out of Portero.com, a luxury auction site that stands behind the authenticity of each item it sells with an unconditional money-back guarantee."



July 2, 2008
Melrose Jewelers Announces the 2008 Preowned Rolex Award Winners
CNBC.com
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"Portero (Portero.com Luxury Auctions) Portero.com Watch Purchased: Lady Rolex Presidential Quality Score: 94 Authenticity Disclosure Score: 95"



July 2, 2008
It’s A Bird, It’s A Plane, It’s an Accessory!
SheKnows.com
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"Luxury sites like Portero allow fashionistas to bid on exquisite jewelry, bags and watches. The key, Phair notes, is focusing on one or two statement pieces which incorporate strong fashion statements of gold. “This shows a strong confident woman, an everyday Wonder Woman."



July 1, 2008
Genuine Online Luxury by Vidya Ram
Forbes.com, Vidya Ram
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"There is another way of auctioning luxury goods online, whatever eBay may say. Portero.com, an online auction house selling luxury handbags, jewelry and watches, vets every single good that goes online. Portero has in-house jewelry and handbag experts to inspect everything that is sold."



June 27, 2008
Portero’s Spectacular Chanel Auction
StyleDash.com, Tiffany Neal
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"In case you haven't heard, Portero.com -- an online luxury auction -- has just launched its massive vintage Chanel handbag extravaganza. There are over 200 vintage and quilted bags up for grabs to the highest bidder, of course. While Chanel has absolutely nothing to do with the sale, all of the handbags have been gathered from private collectors and authenticated. So, if you've ever been deceived by an Ebay seller, relax. This isn't that kind of operation, darling."



June 22, 2008
Lux Counter Fits
New York Post, Amanda Taylor
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"Luxury brands are getting down and dirty in their fight against eBay. "EBay was not a positive venue for luxury, which is all about authentication," said Michael Sheldon, the CEO of Portero.com, which sold luxury handbags on eBay for a few years but grew frustrated with the number of counterfeits being sold."



June 19, 2008
Feeling Lucky? Bid on Vintage Chanel
Houston Chronicle, Heather Staible
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"Although the fervor for "It" bags seems to be dying down, there is truly something special about a bag that stands the test of fickle fashion followers. Few names in fashion are more enduring than that of Coco Chanel and if you have always longed for a classic quilted number, Portero is holding an online auction featuring more than 100 vintage Chanel purses. The auction begins today and ends Monday, June 30. Portero is a luxury site that authenticates all of its merchandise, so if you bid on a bag, it really is going to be vintage Chanel."



June 19, 2008
Quilting Bee
Women's Wear Daily, Sophia Chabbott
"Portero.com, the online auction Web site that offers vintage items from luxury companies, has collected 200 vintage and classic quilted Chanel bags that will be auctioned today on the site. Portero’s team- which acquired the bags through private collectors- has authenticated the bags, which range from a small lizard pochette to a leather-trimmed forest green flannel bag. "


June 12, 2008
Father’s Day Gift Guide: Fashion and Style
Splash Magazine, Lawrence Davis
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“Until June 19th, the “Time for Dad” event on www.Portero.com offers the opportunity to bid on watches for the Sporty Dad, the Dapper Dad, the Elegant and Refined Dad, the Gadget Guru and more. Exclusive Tourneau, Rolex and Patek Philippe are only some of the brands available on the leading online luxury auction marketplace. Don’t let time run out! ”



June 12, 2008
Daddy Dearest: Father’s Day Gift Ideas
BlackBook, Ashleigh Schmitz
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“Portero.com is like a high-end eBay, that auctions off watches from top designers like Cartier, Rolex and TAG Heuer. Many of the auctions end before the weekend, so get on it! Keep this in mind for mom too, since they also auction jewelry and fine housewares.”



June 11, 2008
You Bought It on eBay – What Did You Expect?
Miami Herald, Katherine Wexler
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“If you want guarantees, go to Portero.com, the online auction site that vouches for the authenticity of all the merchandise it sells.”



June 10, 2008
Vintage Chanel. 100 Bags in June
Second City Style
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“From June 19th to June 30th, Portero.com is bringing the timeless style of Chanel to shoppers with their upcoming auction that will showcase more than 100 vintage Chanel bags.”



June 10, 2008
Chanel Bag Auction
Albany Times Union, Kristi Gustafson
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“Portero.com is holding an online auction featuring a curated collection of more than 100 vintage Chanel bags in pristine condition. The collection is an assortment of one-of-a kind and classic Chanel bags.”



June 9, 2008
eBay Found Liable for Counterfeit Goods
vnunet.com, Robert Jacques
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“Every luxury brand has an obligation to protect consumers against counterfeits, and consumers should make every effort to ensure that the branded luxury goods they purchase online or through any other distribution channel are legitimate," said Milton Pedraza of the Luxury Institute.”



June 6, 2008
Bid on Vintage Chanel!
About.com
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“Calling all collector's and coveter's of Chanel! You all just might have a chance to scoop up a beautiful vintage Chanel bag at the luxury auction site, Portero.com.”



June 5, 2008
Verdict Against eBay in Counterfeit Suit Leaves Consumers Reeling Portero.com
PRNewswire
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“Milton Pedraza of the Luxury Institute stated, "Portero's authentication model is a necessity in order to protect both consumers and manufacturers from being victimized by counterfeit merchandise."”



June 5, 2008
Style QA: How to SATC Accessorize for Less - Without Knockoffs!
StyleHive, Sabrina Newman
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“I’m gonna let you in on an amazing secret, one so good I really grappled with whether or not to share. I’m not one for selfishness, for here it goes, the secret: Portero.com. What is it? The premiere online auction-based marketplace for luxury merchandise featuring bags and accessories from the crème de la crème of designers.”



May 23, 2008
Pull of Accessories Strong but the 'It' Trend Recedes
Financial Times, Lauren Foster
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“Stephanie Phair, vice president for merchandising at Portero, an online auction house specialising in the resale of luxury goods, says the “it” bag phenomenon peaked in 2006 but became a victim of its own success. Part of the problem was that the bags became so coveted that they appealed to a mass audience.”



May 19, 2008
Pre-Owned Luxury Purveyors McQueen Rolex and More
Luxist, Jared Paul Stern
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“The company, which just announced the strongest first quarter results in its history, features several important timepieces in its most impressive watch offering to date.”



January 1, 2008
Luxury Online
Town&Country, Suzanne Gannon
"The market for pre-owned luxury goods can be risky business, but Portero is designed to remove the worry."