Pauses Operations Today

luxewin.comDid you bid on According to the message displayed on their site, you won’t be able to any longer, at least not until this fall.

“After holding over 1,500 auctions, LuxeWin will hold its last penny auction on Thursday, June 30, 2011. We will re-design over the Summer to bring deal lovers an exciting new experience this Fall. Users must spend their remaining bids on the last 28 auctions that will run from Monday, 6/27/11 through Thursday, 6/30/11. Over $2,000 in eGift Cards and Fashion Handbags will be auctioned in that period giving all users with remaining bids ample opportunity to place bids and win. There will be absolutely no refunds on unspent bids, so make sure that you spend your bids by 6/30/11. Good Luck and thanks for supporting LuxeWin.”

Their last two items are a Kate Spade handbag & a $25 Nordstrom’s gift card.

Do you think penny auctions will be around in 6 months? Are penny auctions sustainable? Discuss this in our forum!

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5 comments… add one
  • Victoria Vo June 30, 2011, 9:28 pm

    After Love Labels was launched, I received an email from this company expressing the opportunity to Love Labels to purchase for 50K. They mentioned that their company is venturing other business opportunities. I am guessing they were not able to sell to anyone yet? I just thought it was odd because they acquired, Score Luxe, which Score Luxe bought or took responsibilities for oohilove’s clients/list. Now they are redesigning? I sure hope everyone was able to spend their bids on something. Good luck!?

    • Amanda June 30, 2011, 9:38 pm

      Thanks for your comment Victoria! I didn’t know that. I know that NailBidder bought Scoreluxe’s userbase I didn’t know that they also sold it to LuxeWin.. Crazy. I wonder if they will indeed be back. $50,000 though? Wow.

      • Victoria Vo June 30, 2011, 9:49 pm

        Yes, I was very curious and wanted to see whats going on and what they were asking for.. hehe.. check your inbox. 😉


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