CONSIGNMENT TERMS
Share information about your brand with your customers. Describe a product, make announcements, or welcome customers to your store.
1. Term
This contract shall have a term of ninety (90) days. If you choose to take back your item(s) before the contract ends, you will be charged a $200 fee per item. Once the contract ends, you can take your item(s) back or leave them for longer, pending approval from RETYCHE. RETYCHE will determine to keep the items longer otherwise the client will be contacted to pick up their items within 10 days from date of contact. If items are not picked up within 10 days, RETYCHE releases all responsibility and they will be donated to charity. For non-local consignment, items will be returned at a fee of $25 (in Canada).
2. Pricing
RETYCHE will work with Consignor to determine prices based on comparable current and historical prices of items in the same or similar style, condition and brand.
After the price of an item has been determined and agreed upon, it is subject to increase due to negotiation and fees (e.g. when sold via a third-party website or store).
All pricing will be in Canadian dollars.
After 30 days, items will be discounted by 10%. After 60 days, items will be discounted by 20%. After 90 days the consignor has the option of (a) leaving your items with RETYCHE at a discount of 25% or (b) taking back your items.
No discounts can be applied as per a case by case basis, only approved by RETYCHE
3. Authenticity
Consignor attests to the authenticity of all agreed-upon items. No pricing can be confirmed until an in person evaluation/authentication is completed. If an item is deemed non-authentic, you will be charged a $250 fee to get your item back otherwise it will be destroyed. RETYCHE has the right to reject any item(s) if they are believed to be inauthentic.
4. Payment
Consignors will be paid by cheque or e-transfer between the 15th-last day of the month of the following month after an item(s) is sold.
It is the Consignor’s responsibility to contact RETYCHE once the 90-day period is up to terminate the contract and receive payouts. Any follow up is the consignor's responsibility.
5. Ownership
Consignor attests that they have legal title to and are in legal possession of all items that they have contracted RETYCHE to sell.
6. Meeting of the Minds
Both parties have read and understand all statements included in this contract. The contract may not be revised or amended without the written consent of both Consignor and RETYCHE
7. Fees
All buyouts will be listed at a set price on the contract where fees are negated.
Our consignment rates include our fees for credit card processing, photography, shipping and handling.
All firm/set prices agreed upon for consignment, will be listed where fees are negated.
All RETYCHE listing prices can be increased to meet the minimum flat fee
Consignment Rates & Fees
EXCEPTIONAL ITEMS (Chanel, Hermès, Fine Jewelry) - 70% - 90% back
- Classic Chanel (last 10 years) 75% - 85% back
- Hermès Quota Bags 85% - 90% back
- Hermès Non-Quota Bags 70% - 80% back
- Current Collection Styles of Select Brands 70% - 80% back
- Fine Jewelry & Watches 70% - 80% back
ITEM PRICED between $1.00-$500 / 50% back
- Minimum flat free of $100
- The consignor will receive back 50% of the net selling price
ITEM PRICED between $500-$2500 / 60% back
- The consignor will receive back 60% of the net selling price
ITEM PRICED between $2500-$5000 / 65% back
- The consignor will receive back 65% of the net selling price
ITEM PRICED $5000+ / 70% back
- The consignor will receive back 70% of the net selling price
What we accept:
Shoes
All shoes must be seasonal, in excellent condition with very few signs of wear.
- Shoes will be curated and determined by RETYCHE associates.
Accessories
Sunglasses, Wallets, Belts, Small Leather Goods & Accessories etc..
Handbags
All high-end designer brands (Chanel, Hermes, Gucci, Louis Vuitton, Dior etc..)
Very Good/Good Condition Handbags (Older, vintage styles)
Specific Models/Styles & Brands
Exceptional Pieces, current styles
Select mid-contemporary brands (the Row, Mansur Gavriel, Khaite, Isabel Marant etc..)
Clothing
Clothing must be in excellent condition, dry cleaned with no damages
Clothing will be curated and determined by RETYCHE associate
Accepted Brands: High-end (Chanel, Louis Vuitton, Gucci, Saint Laurent, Versace, Dolce & Gabbana etc..)
Current (2010+) Contemporary Brands (Rick Owens, Acne, Ganni, Moncler, Jill Sander