As a 47-year veteran in jewelry retailing, wholesaling, and consulting, Michael Lebowitz launched MHL Trading LLC in June 2017. Based in New York City, we offer a wide range of services such as the following:
In the closeout and overstock arena, we seek to distinguish ourselves from other traders by offering three levels of return-on-investment. These are based on the cash flow and time constraint requirements of our clients. For example, options for a manufacturer with aged inventory might include any of the following:
On the appraisal front, we offer asset-based lenders a comprehensive analysis of potential recoveries on inventories in the event the borrower defaults. Conditions that a borrower fails to pay may include forced liquidation, gross orderly liquidation, and net orderly liquidation values. We can also provide an in-depth analysis of the strengths and weaknesses of the appraised business.
Under our consignment program for small- to mid-sized chains, we meet with the clients’ merchandising teams to determine their product needs. These include styles, colors, metals, and price points. The specific chains then promote the merchandise in an ongoing manner, while vendors receive sell-through reports and payments monthly.
Our services on going-out-of-business and promotional sales include: