Who We AreIntroducing 1Mag

An aerial view of Florence, Italy and the Cathedral of Santa Maria del Fiore

1Mag is a technology-based, international distribution center that sources from boutiques, stock houses, brand direct and other outlets in order to distribute luxury fashion around the world.

Created as an easy-to-use API sourcing tool for e-commerce fashion retail platforms, 1Mag has become the leading Italian buying and trading company that curates hundreds of designer and luxury brands from all over the world while offering comprehensive, behind-the-scenes operational and business services focused on top luxury Italian and French brands.

With more than 17 years of experience in the Italian fashion market and offices in Italy, USA, Singapore and Romania, 1Mag is a trusted resource for providing luxury goods to businesses and customers worldwide.

1Mag Full Range of Service Includes:


Selection & Sourcing of More Than $750M in Designer Goods

Partner Negotiation & Buying
Payment Processing & Financials
Customer Service & IT
Safe & Secure Warehouse Operations

Direct B2C Shipping or B2B Drop Shipping

Transformation of the Global Luxury Market

With sales down significantly in 2020, luxury retailers are needing to reinvent themselves to survive[1]

COVID-19, despite hitting the brakes on the market, has fast-forwarded important dynamics which are reshaping this industry. Luxury brands face a year of tremendous shift but the industry will come out from the crisis with more purpose and more dynamism than ever before. By 2025, this industry will be drastically transformed. We will not talk about luxury industry but of the market for insurgent cultural and creative excellence.

Graph showing past and predicted luxury goods market evolution

Opportunity — Growth of Online Luxury Market

However, online shopping for luxury goods has soared, doubling its share of the market to 23 percent in 2020 from 12 percent in 2019. Scenarios for 2021 are varied and Bain forecasts growth that ranges from +10/12% to +17/19% depending on macroeconomic conditions, the evolution of COVID-19, the speed of return to travel globally and confidence of customers.

Graph showing market growth during the pandemic, and predicted future growth

Online channel accelerates growth while stores will be redefined

The changes brought by COVID-19 increased the presence of online in every aspect of life. In the luxury market, online sales made up EUR49B in 2020, up from EUR33B in 2019. The share of purchases made online nearly doubled from 12% in 2019 to 23% in 2020.

Online is set to become the leading channel for luxury purchases by 2025, fueling the omnichannel transformation[2]. In the US, department stores face an uncertain future and the map of luxury consumption has been redrawn to move away from city centers.

Executive Team

Michael Assil President & Founder

Growing up in the fashion-forward cities of LA and NYC, Michael became knowledgeable of luxury brands at a young age. At 20, Michael launched his first company, M&M Int’l Wholesale, selling designer stock to major US retail. Discouraged by corporate greed, he changed the standards in the designer luxury industry.

Ali Najafian CTO & Founder

After creating one of the first proprietary shopping carts Ali managed the design, strategy and dev for global music, entertainment and fashion clients. He took his love for the entertainment & fashion industries to co-found DL Group, revolutionizing the luxury fashion industry through a high-tech approach.

Massimo Tarroni Head of Ops & Sourcing

With more than 25 years in the fashion Industry, Massimo is a leader in the luxury brand trading market. Massimo’s expertise on an international level includes brokering deals and consulting for exports around the world.

Nicola Bazzoli CFO

Nicola specializes in corporate finance, accounting, tax and corporate assistance, and company valuations. He is a registered certified accountant (“dottore commercialista”), auditor and has been a director and advisor to several Italian companies.

Federico Gasperoni Head of Product

After studying around the world, Federico discovered the high-end fashion trading world. Responsible for 1MAG and ensuring product quality, Federico and his expert team of authenticators inspect thousands of products every day to guarantee their authenticity.

Laura Acciarri Head of Admin & Logistics

With an extensive background in e-commerce and logistics, Laura manages the day-to-day administration and logistics at 1Mag in Italy, including overseeing merchandise inspection and the image banks.

Andrea Tarroni Lead Merchandiser & Brand Analyst

Andrea brings with him more than 15 years of experience in the fashion industry. He is a leader in luxury brand commerce and has collaborated with well-known national and international brands brokering deals and consulting on exports around the world.