Wall Street Researcher
MAISON LUXE INC
LUXURY GOODS – RETAIL CONSUMER
A new partnership could drive these shares higher and all serious investors must watch closely for an upside breakout as the company rolls out its latest business model .
High margin luxury goods will power these shares into the future.
Maison Luxe Inc offers luxury retail consumer items that are responsibly sourced and affordable. The company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. It focuses primarily within the fine time piece and jewelry segments, both on a wholesale and business-to-consumer basis.
Maison Luxe Projects Revenue of $3.5 Million for the Quarter Ending September 30, 2022, an Increase of More Than 130% From the Prior Quarter
FORT LEE, NJ, Oct. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Maison Luxe, Inc. (OTC: MASN) (“Maison Luxe” or the “Company”), an emerging leader in the global custom luxury goods marketplace, anticipates sequential revenue growth from approximately $1.5 million for the quarter ending June 30, 2022 to in excess of $3.5 million for the quarter ending September 30, 2022, an increase of more than 130%. Quarterly financials are expected to be released by November 15, 2022 and can be viewed at OTC Markets .
Revenue in the Luxury Goods market is expected to exceed US $312.60 billion in 2022 and the market is expected to grow by 5.40% annually ( CAGR 2022-2027 ). Maison Luxe’s current CAGR is projected to be greater than the industry average primarily due to execution of the Company’s business, sales and marketing plan which continues to nurture a growing pipeline of new and repeat customers. Maison Luxe offers excellent products, competitive pricing, on time deliveries and friendly and supportive customer service.
Anil Idnani, CEO of Maison Luxe, stated, “We are pleased to announce our preliminary revenue numbers for the quarter ended September 30, 2022. We continue to execute on our business plan and are pursuing new and complementary sources of revenue such as our recently announced luxury sneaker e-commerce division, Kicks on Demand .”
ABOUT MAISON LUXE, INC.
Maison Luxe offers luxury retail consumer items. The Company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be available due to the nature of the luxury retail marketplace. The Company focuses its efforts primarily within the fine timepiece and jewelry segments, both on a wholesale and B2C (business-to-consumer) basis. Company subsidiary Amani Jewelers operates with a strategic focus on the rapidly growing lab-grown diamonds market. In addition, Maison Luxe holds a significant investment position in Aether Diamonds, which was founded in 2020 as the world’s first and only captured carbon lab-grown diamond producer.
Maison Luxe Announces New Partnership with Luxury Retail Outlet Princess World Jewelers to Significantly Grow Revenues
FORT LEE, NJ – (NewMediaWire) – July 21, 2022 – Maison Luxe, Inc. (OTC: MASN) (“Maison Luxe” or the “Company”), an emerging leader in the global custom luxury goods marketplace is proud to announce the Company has partnered with Princess World Jewelers to retail a variety of luxury timepieces in their various brick and motor showrooms.
Princess World Jewelers is a family-owned business with over 30 years of retail presence in both the Caribbean and Alaska, specializing in the duty-free ports and cruise ship industries.
President of Princess World Jewelers Haresh Mirpuri commented, “We are proud to showcase some very special pieces sourced by the team at Maison Luxe and consider them to be a key strategic partner and reliable source for luxury timepieces.”
Anchoring many luxury brand companies and fine jewelry, Princess World Jewelers has been an instrumental part of their local business community, servicing the estimated 2 million out-of-state visitors annually just in Alaska alone. According to the CLIA, “Some 58% of the 2 million out-of-state visitors in the summer of 2018 came to Alaska via a cruise ship. Direct visitor spending totals nearly $2.2 billion annually, excluding fares paid to travel (air, cruises, etc.).”
Maison Luxe CEO Anil Idnani stated, “Our goal has always been the same and that is expansion in the luxury market. We actively explore different avenues to penetrate the retail marketplace including partnerships and collaborations with several brands. It is clear that partnering with existing and strong retail companies like PWJ, will allow us to create a stronger presence in the luxury marketplace. This is just the beginning for our expansion in the travel retail sector and we will continue to grow and further develop these relationships with our partners for mutual success.”
ABOUT MAISON LUXE
Maison Luxe offers luxury retail consumer items. The Company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. The Company focuses its efforts primarily within the fine time piece and jewelry segments, both on a wholesale and B2C (business-to-consumer) basis. The Company also owns its Amani Jewelers subsidiary, which operates in the jewelry marketplace, with a strategic focus on the rapidly growing lab-grown diamonds market. In addition, Maison Luxe holds a significant investment position in Aether Diamonds, which was founded in 2020 as the world’s first and only known captured carbon lab-grown diamond producer.
This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others. such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Neither PSN or WSR nor its owners, members, officers, directors, partners, consultants, nor anyone involved in the publication of this website, is a registered investment adviser or broker-dealer or associated person with a registered investment adviser or broker-dealer and none of the foregoing make any recommendation that the purchase or sale of securities of any company profiled in the PSN or WSR website is suitable or advisable for any person or that an investment or transaction in such securities will be profitable. The information contained in the PSN or WSR website is not intended to be, and shall not constitute, an offer to sell nor the solicitation of any offer to buy any security. The information presented in the PSN or WSR website is provided for informational purposes only and is not to be treated as advice or a recommendation to make any specific investment. Please consult with an independent investment adviser and qualified investment professional before making an investment decision.. All Reports are reviewed for accuracy and concur that any conclusions made are reasonable expectations. The term Buy List referring to a Watch List and not a recommendation to buy . Each individual has their own risk level and should know their risk level and act accordingly