Business
Clikia Corp Establishes Amani Jewelers Subsidiary to Leverage Strong Relationships and Capitalize on the Rapidly Growing Lab-Grown Diamond Market
Clikia Corp Establishes Amani Jewelers Subsidiary to Leverage Strong Relationships and Capitalize on the Rapidly Growing Lab-Grown Diamond Market.
About this update from Maison Luxe Inc.
[{"type":"text","content":"\n FORT LEE, NJ, Sept. 30, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Clikia Corp. (OTC:CLKA) (“Clikia” or the “Company”), an emerging leader in the global custom luxury goods marketplace, is pleased to announce that the Company has formed a new wholly owned subsidiary, Amani Jewelers (“Amani”), to pursue growth and value creation in the rapidly growing lab-grown diamond marketplace. Amani has already engaged overseas suppliers to provide samples for chemical vapor deposition lab-grown diamonds (“CVD diamonds”) along with ready-made jewelry. Once those samples have been received by the Company, Amani will make a determination and place a bulk wholesale supply purchase order with a supplier based on that evaluation. Anil Idnani, CEO of Clikia, commented, “We have strong relationships with several top tier suppliers in the CVD diamond space overseas based on prior dealings, and we believe we will have very advantageous terms on bulk supplies for resale in tennis bracelets, earrings, bands, engagement rings, or anything else that requires big stones. This move will help Clikia begin its expansion into other product categories to significantly raise our total addressable market ceiling.” Management notes that, once the order is received in the US, the Company plans to market and sell CVD diamond products on its online platform, which is under development. The Company has acquired the AmaniJewelers.com domain as well as the associated Instagram handle to market and sell its CVD diamond products. According to Marketwatch.com, the global lab grown diamond market is expected to flourish at a significant CAGR of 7.4% over coming years, growing into a $27.6 billion market in annual sales by the end of 2023. About Clikia Corp Clikia Corp. was incorporated in 2002 in the State of Nevada, under the name MK Automotive, Inc. Our corporate name changed to Clikia Corp. in July 2017. In April 2020, our company experienced a change in control, pursuant to which Mr. Anil Idnani became our controlling shareholder and sole officer and director. Following such change-in-control transaction, in May 2020, we acquired all of the assets, including the going business, of Maison Luxe, LLC, a Delaware limited liability. Our wholly-owned subsidiary, Maison Luxe, Inc., a Wyoming corporation, now own...