Amanda Jungman knows a thing or two about shopping. This fashionista has brought her love of designer clothes and quality styles to the masses through her lovely L.A. consignment shop, Socialite Auctions. For years Amanda has been selling vintage and rare items from the most stylish closets around the world — and now she’s sharing her secrets for filling your own wardrobe with high-quality, beautiful items!
Photography: Saretta Jimenez
Tell us what inspired you to start Socialite Auctions.
I always loved the thrill of shopping vintage stores in Austin before moving to Los Angeles. I appreciated the concept of these stores and wanted to take it to a more luxurious experience for women who were constantly updating their wardrobe. Many of them were donating their used Chanel and Prada to Goodwill. I knew they could make money by selling their unwanted items, so I created Socialite Auctions. I also wanted to reach the women who appreciated high fashion but didn’t have the budget to shop for their favorite lines at Neiman Marcus or Saks.
What is the concept behind your company?
We believe wardrobes should be treated like an investment, and that everyone should buy pieces that they love and that will retain value. We like to educate our consignors about which designers will do best on the resale market so that they can reinvest in their wardrobe each season. For example, a Michael Kors dress can rival the cost of Oscar de la Renta, but Oscar has a higher resale value.
Where do you find the items to sell on Socialite Auctions?
We edit the closets of actresses, stylists and socialites worldwide. Our clients find us through word of mouth. We are very lucky to have exceptional consignors and customers that appreciate luxury as much as we do.
What has been your most exciting find so far?
I once received a shipment of vintage Chanel from a former ballerina who’s now in her eighties. She worked at Chanel after retiring in the 1960′s from a 20+ year career as a professional ballerina. She even kept the original fabric swatches and spare buttons that accompanied the Chanel suits.
How would you describe your personal style?
Modern classic with an edgy elegance for evening.
What has been your favorite moment so far since launching your company?
Editing the closets of fashionable people featured in Harper’s Bazaar and Vogue.
What makes Socialite Auctions stand out from other consignment shops in L.A.?
We provide a luxury experience for consigning your wardrobe, turning a mundane task into something far more enjoyable. Our clients often end up sharing memories of why and where they picked up particular pieces. Every closet is filled with stories.
What’s your fashion philosophy?
My philosophy about fashion is don’t buy; invest. Investing isn’t just about the dollar amount — it’s about quality. It’s about pieces that are relevant now that will also hold their relevance or value five years from now.
Any advice for those who want to start consignment shopping?
Shopping consignment is the ultimate luxury to me because you can find rare vintage pieces or runway pieces from last season at a fraction of the cost. You do have to do your homework by staying on top of fashion and reading Harper’s Bazaar each month, window shopping online at Net-A-Porter and trying on your favorite lines at Barneys so you learn your size. But once you have that down, you can create a wardrobe that you may have only dreamed about previously. If you do the legwork, you can have a closet filled with Lanvin, J. Mendel and Fendi instead of the disposable fashion we sometimes get tricked into buying.
How do you sparkle?
There is nothing I love more than going into a new closet! I love seeing the excitement in my clients’ faces when they show me the special pieces they have collected through the years. I collect special pieces, too, so I understand how a handbag or a dress is so much more than the sum of its parts.