Consignment T&C

Terms and Conditions

RENOWN consignment fee is 20% of sale price. This fee is kept by RENOWN when your item sells. As a consigner you will receive the remainder of sales proceeds less applicable expenses such as sales tax, transaction fees. Items that are worn or not new (Deadstock) may require cleaning prior to being put on the sales floor. A Cleaning fee of $150 MXN will be charged which is either deducted from the amount you are to receive when items sells, or will be due to RENOWN if your unsold items is picked up. In some cases, the cleaning fee could be more than $150 MXN if more than standard cleaning is needed to prepare your items for sale.

If and when the item sells, payment will be made no later than 5 business days after the sale. Our standard consignment term is 90 days. If your items are not sold or picked up within 30 days of end of term agreement, consigners may be asked to pick up unsold items or furnish a shipping label for your items return, or the item can be priced and sold at the sole discretion of the RENOWN staff. If your item is removed from consignment before 30 days of the date of the consignment request, then RENOWN reserves the right to charge the 20% of suggested selling price. In the event that this occurs it will be considered an authentication and appraisal fee.