After an order for your product has been submitted by customer, Pre-o-Porter shall collect the fee for the product (the Fee) and the delivery price as described in the product info.
Pre-o-Porter shall collect and pay the applicable value-added tax as well as deduct the Pre-o-Porter commission fee, which shall be 20 % of the Fee after VAT (e.g. if the product fee is 200€ and VAT is 20 %, you shall receive a total sum of 133.3€). You are responsible for paying any other taxes that apply to you.
The Fee, of which the Pre-o-Porter commission fee and VAT have been deducted, will be transferred to the bank account provided in your Pre-o-Porter profile. 50 % of your Fee shall be transferred to you once you have confirmed that the product is being manufactured. Rest of the Fee and the delivery price shall be transferred to you after you have indicated in your Pre-o-Porter profile that the product is being delivered to the customer and have provided us with the pertinent delivery tracking codes.