In the past week, the Maison Luxe Inc (OTCMKTS:MASN) stock has come into attention among investors in a big way and the situation remained the same on Tuesday. Yesterday, the stock jumped by 11% amidst continued interest and that took its gains over the course of the past week to as much as 22%.
The company is a leading worldwide operators in the luxury goods space and back on August 24 this year, it made a key announcement that investors ought to take a look at in this situation. The company announced that it was going to deploy more corporate capital for the purpose of expanding the agreement that it has in place with Signet International Group.
Signet is a major player in the branded luxury goods distribution and marketing space and remains a key ally of the company. The Chief Executive Officer and Founder of the company, Anil Indani, spoke about the possibilities of the expansion of the agreement as well.
He stated that Signet is a well known partner of some of the biggest names in the luxury good marketplace like Tissot, Swatch Group, Anne Klein and Swarovski among others. He went on to add that such brands ‘fit well’ with the long term plans of Maison Luxe.