IVWC opens new showroom in Downtown Los Angeles
International Vintage Watch Company (IVWC), a Los Angeles-based luxury watch e-commerce company, announced on Monday the opening of its brick-and-mortar location at 605 South Hill Street in Downtown Los Angeles.
Founded by Jack Abramov and Ron Cohen in 2015, IVWC is a vintage watch dealer that sells timepieces from companies such as Rolex, Cartier, Patek Philippe, and others online in over 50 countries. The company announced in March 2017 that it had partnered with Fundable.com to raise a minimum of $1 million to expand its e-commerce operation.
The company’s new showroom houses a VIP customer bar and lounge area and offers vintage watches by Omega, Audemars Piguet and Hublot that date as far back as the 1930s. Retro models from the 1960s, classics from the 1970s and modern styles from the 1980s to the 2000s are also available in the showroom and have been serviced and restored.
"We are pleased to display and present one of the finest and most varied vintage watch collections available anywhere!" said IVWC retail head Jonathan Cohen. "It's an amazing showcase of unbelievable timepieces, taking you back on a journey through time…in a place that's new, hip and fun!" The store gives everyone a unique chance to see and appreciate these wonderful time machines up close."
IVWC expects to generate $3 million in online sales in 2017, more than double its 2016 sales of $1.2 million.
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