Business
Maison Luxe Announces Additional $250,000 Purchase Order from Signet International Group for Upcoming Holiday Season
Maison Luxe Announces Additional $250,000 Purchase Order from Signet International Group for Upcoming Holiday Season.
About this update from Maison Luxe Inc.
[{"type":"text","content":"\n FORT LEE, NJ, Dec. 06, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Maison Luxe, Inc. (“Maison Luxe” or the “Company”), an emerging leader in the global custom luxury goods marketplace, is pleased to announce a new purchase order agreement (the “Agreement”) with Signet International Group (“Signet”) (SignetInternationalGroup.com), a leading player in marketing and distributing luxury branded products, whereby Maison Luxe will partner with Signet in the sale and distribution of another $250,000 in luxury timepieces. Anil Idnani, CEO and Founder of Maison Luxe, commented, “We continue to find tremendous value in our affiliation with Signet. Signet is an important player in the cruise ship travel industry and has strong relationships with cruise partners such as Princess Cruises and Harding. Signet has been a powerful partner and a consistent source of revenues for Maison Luxe. Relationships like this one provide a key piece of the puzzle as we strive to build a strong mix of sales channels going forward.” The Agreement follows prior purchase orders agreements reached over the past two years between the Company and Signet. According to the Agreement, Maison Luxe will provide purchase financing for Signet, which will confer to Maison Luxe’s bottom line sales through Signet’s established end market relationships. 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 timepiece 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 known captured carbon lab-grown diamond producer. FORWARD-LOOKING STATEMENTS: This release contains \"forward-looking statements\" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform...