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 owns the acquired assets and operates the acquired business of Maison Luxe, LLC. Currently, this constitutes the entirety of our company’s business operations. Our company’s newly elected sole officer and director, Mr. Anil Idnani, founded the recently acquired Maison Luxe business with the vision of offering highly desired luxury retail consumer items that are responsibly sourced and affordable to the end customer. Because of the dynamics and structure with the luxury retail industry, customers who desire luxury items are unable to avail themselves of such items, due to the unreliable nature of sellers and exorbitant prices. It is this void in the marketplace that Mr. Idnani identified as a business opportunity and established Maison Luxe to provide customers with the experience of purchasing luxury items as a standard. The business known as “Maison Luxe” was founded in January 2020, with the vision of becoming an industry leader in luxury retail. MaisonLuxe focuses its efforts primarily within the fine time pieces and jewelry segments both on a wholesale and B2C (business-to-consumer) basis. The Company now also owns its Amani Jewelers subsidiary, which operates in the jewelry marketplace, with a strategic focus on the rapidly growing lab-grown diamonds market.
For more information please reference https://www.maisonluxeny.com/investors
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 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.
Corporate Contact:
www.maisonluxeny.com
551-486-3980
Anil@clikiacorp.com
"corp" - Google News
September 30, 2020 at 07:00PM
https://ift.tt/3kY9xpc
Clikia Corp Establishes Amani Jewelers Subsidiary to Leverage Strong Relationships and Capitalize on the Rapidly Growing Lab-Grown Diamond Market - GlobeNewswire
"corp" - Google News
https://ift.tt/2RhVoHj
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "Clikia Corp Establishes Amani Jewelers Subsidiary to Leverage Strong Relationships and Capitalize on the Rapidly Growing Lab-Grown Diamond Market - GlobeNewswire"
Post a Comment