Co-ownership is the intelligent way to own assets that have low utilisation. Designer bags and fine jewellery are assets like a car, house, yacht, jet, racehorse.
Co-ownership allows for the joint ownership of these assets without making the full investment. Rather than spending a large amount of money for a designer bag or jewellery piece that isn’t worn frequently, you have access to your piece when you want to wear it.
Only our Fab5 and The ONE bags require a deposit. All the bags in our Shop section are available, so can be paid in full.
All new co-owners will be notified to go through an ID verification process for insurance purposes. If for any reason you do not pass, we will refund your deposit or payment.
Once you pass ID verification, we will schedule an onboarding call to answer any question you have, pay the remainder of your share purchase and schedule your bag's first visit and set up the monthly payment of the service fees for your bag.
If you have questions, please reach out via WhatsApp or email. We'd love to connect!
You will remain a member of the club as long as you co-own a share. Once you sell your share, without purchasing a new one, you will be cancelling your membership.
Until your share is sold, you remain a member and must pay your monthly service fees, unless you have pre-paid for the year.
Guaranteed Buy-Back: After 1 year, we will buy back your bag if you're in a hurry to sell it. If you choose to trade up to another bag share we will offer you 90% of the market value in More Money (good for purchase of a new share within the next 12 months) or 70% of the market value in cash.
If you have paid your service fees on an annual basis, you will be refunded the unused portion once your share has sold.
We remove all the hassles of traditional ownership of luxury goods so that co-owners just enjoy their items. The service fee is set based on the retail price of your bag and can be paid monthly or annually. The minimum fee is £14 per month.
The service fee covers club dues, insurance, cleaning, storage, delivery, and maintenance. Delivery is included up to 6 times per year. If you choose to have the bag more often, then you will pay the additional delivery fees.
One More share provides access to your piece for its lifetime. Schedule access to your piece on our website and in the future, from our app. You can schedule dates (up to 90 days in advance) to access your luxury items(s) up to 10 weeks per year, this can be scheduled in 1 to 4-week intervals.
The other time, your gorgeous bag is being enjoyed by one of the other co-owners or having routine maintenance. Your bag will be delivered and collected on the specified start and end dates.
This is what makes More so special. We work with you to make sure you can sell your shares easily after 1 year. Simply get in touch with our team via WhatsApp or email and we will assist you in selling it on our marketplace. In the future you will be able to post your piece on the marketplace for sale in our app.
Guaranteed Buy-back: After 1 year, If you choose to trade up to another bag share we will offer you 90% of the market value in More Money (good for purchase of a new share within the next 12 months) or 70% of the market value in cash. You can always expect more from More.
Please contact our concierge team via Whatsapp or email as soon as possible, providing details of the incident and the damage. We will assess the damage and determine whether the bag can be repaired or needs to be replaced.
Our insurance covers most damage, however, if the damage isn't covered by insurance, you will have to cover the repair or replacement cost.
If your bag gets wet, it is important to act quickly to minimise damage:
Blot Gently:Use a clean, dry cloth to gently blot the wet area. Do not rub, as this may cause damage.
Air Dry:Allow the bag to air dry in a cool, dry place, away from direct heat sources like radiators or hair dryers which can cause the material to warp or crack.
Stuff and Shape:For structured bags, stuff them with tissue paper or a soft cloth to help retain their shape as they dry.
If they bag appears to have suffered water damage, alert us immediately via WhatsApp.
Please don't attempt to clean the bag yourself beyond the instructions on our bag care page, as you run the risk of damage. Please contact our concierge team via Whatsapp or email as soon as possible.
Yes you can travel with your bag but it is important to take certain precautions.
Protective Storage: Use a dust bag or a protective case to prevent scratches and other damage during travel.
Avoid Overloading: Avoid overloading the bag, as this can strain the handles and the seams.
Careful Placement: Keep your bag in a safe location during transit. Hand carry the bag or use hard case cabin bag with a lock. Please avoid checking the bag even in a locked case as insurance will not cover the loss and you'll have to rely on the airline for reimbursement.
If you have an issue with your bag when travelling, please WhatsApp us immediately.
