Sign In  |  Register  |  About Pleasanton  |  Contact Us

Pleasanton, CA
September 01, 2020 1:32pm
7-Day Forecast | Traffic
  • Search Hotels in Pleasanton

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Maison Luxe Inc ($MASN) looks forward to showcasing quality luxury items to leisure travelers worldwide via Signet

You may not be able to define luxury, but chances are good that you know it when you see it. Luxury goods are the opposite of necessities. They’re high-end products that consumers want but don’t need. They’re also distinct from commodity products (such as bananas or gasoline) that are not easily distinguished by brand. Luxury goods are more expensive than competing products, but they are perceived as higher quality and confer status on the owner. Because of that relationship, brand is a crucial component of a luxury stock. The best luxury stocks include strong brands, high operating margins, and timeless products.

Investors most often think of retail products when they think of luxury. Those may include fashion from brands such as Burberry Group (OTC:BURBY); Jimmy Choo, which is owned by Capri Holdings (NYSE:CPRI); or Stuart Weitzman, which belongs to Tapestry (NYSE:TPR). However, the sector goes beyond retail to include travel, food and dining, and even services to include stocks such as RH (NYSE:RH), LVMH MOET HENNESSY LOUIS VUITTON (OTC:LVMHF) and FERRARI (NYSE:RACE).

We would like to draw your attention to Maison Luxe, Inc. (OTC: MASN). Recently, on October 27th, MASN announced that it plans to expand upon its agreement with Signet International Group (“Signet”) (SignetInternationalGroup.com), a leading player in the marketing and distribution of luxury branded products primarily to the cruise industry.

Anil Idnani, CEO and Founder of Maison Luxe, commented, “After the first full year of our Signet Partnership, we look forward to increasing our exposure with Signet, and expanding the company’s reach in the cruise ship industry. Signet’s cruise partners provide a tremendous opportunity to showcase quality luxury items to leisure travelers worldwide.  We believe the resilience of the cruise industry will pave the way for a post -COVID-19 recovery and we are well positioned with existing customers in the travel sector.”

Prior to this, on October 20th, Maison Luxe, Inc. (OTC: MASN) announced the Company has concluded a successful test with Princess World Jewelers Alaska with an initial sell through totaling $275,000 during the first quarter. The company recently partnered with Princess to showcase a selection of fine timepieces for their brick and motor showrooms in Alaska.  Princess World Jewelers, with retail locations in Alaska and the Caribbean, caters primarily to cruise ship passengers. According to Cruisemarketwatch.com, ocean cruise market revenues topped $23.8 billion in 2021.  Maison Luxe looks to aggressively expand this successful test with increased product inventory at Princess World Caribbean locations to generate sales and brand exposure in the cruise ship marketplace.

While investors tend to think of companies such as LVMH, Hermes (OTC:HESAY), or Gucci owner Kering (OTC:PPRUY) as core luxury brands, luxury status extends beyond fashion and retail, and some companies have elements of a luxury business inside a larger one. Nike’s (NYSE:NKE) Jordan brand, for instance, uses artificial scarcity to drive sales of its basketball sneakers, which often fetch top dollar on the resale market. Starbucks (NASDAQ:SBUX) has followed a similar playbook with its reserve roasteries and premium coffees, and Airbnb (NASDAQ:ABNB) offers luxury home rentals through Airbnb Luxe. Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) serve as additional examples of companies that have successfully straddled the luxury and mass markets.

Maison Luxe, Inc. (OTC: MASN) could very well become a leading player in the marketing and distribution of luxury branded products primarily to the cruise industry. MASN is currently trading at $0.0045 with a 52 week high of 15 cents. Considering the recent developments taking place at the company, MASN stock price may have lot of room to the upside. The luxury sector has been a strong performer over the past decade, but it is susceptible to market pullbacks and recessions. Consumer spending on luxury products tends to fall in difficult times as wealth is lost. As always, conduct your own due diligence and follow traders vigilance. 

For more alerts on hot stocks of the day please visit https://investorbrandmedia.com/

 

Sources: 

https://www.fool.com/investing/stock-market/market-sectors/consumer-discretionary/luxury-brand-stocks/

https://finance.yahoo.com/news/maison-luxe-seeks-expand-multi-120000550.html

https://finance.yahoo.com/quote/MASN/

Disclaimer: InvestorBrandMedia is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are commercial advertisements and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available in this article is not intended to be, nor does it constitute investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report, and publication. In no event shall InvestorBrandMedia be liable to any member, guest, or third party for any damages of any kind arising out of the use of any content or other material published or made available by InvestorBrandMedia ., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. InvestorBrandMedia.com strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Investor Brand Media, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers are expected to read the full disclaimers and financial disclosures statement that can be found on our website by visiting InvestorBrandMedia.com/Disclaimer. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quotes; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. InvestorBrandMedia has been compensated seven hundred and fifty dollars by a 3rd party for content, research, dissemination, and syndication pertaining to MASN for 11/01/2022. We own zero shares of MASN.

Media Contact
Company Name: Investor Brand Media
Contact Person: Ash K
Email: investorbrandmedia@gmail.com
Country: United States
Website: https://investorbrandmedia.com/


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photography by Christophe Tomatis
Copyright © 2010-2020 Pleasanton.com & California Media Partners, LLC. All rights reserved.