In recent times, Sun Kissed Industries Inc (OTCMKTS:SKDI) has emerged as one of the better-known operators in the luxury goods space. The company supplies high-end luxury products to its customers all over the world. Throughout its existence, Sun Kissed had primarily been involved in the emerging markets, however, that is all set to change.
The company has now made a strategic shift and is more interested in making acquisitions that could boost its revenues. The company operates its businesses under the name SFLMaven and over the course of recent weeks; it has recorded highly impressive sales figures.
The company regularly hosts the ‘Famous Thursday Night Auction’ event every Thursday and last week, it announced that sales continued to be strong for another week. In the week that had ended on March 18, Sun Kissed managed to generate gross sales of as much as $257,000.
Out of that, as much as $230,000 was generated solely through its Thursday night auction. The figures generated by the company in the week ended March 18 proved to be a fresh record. It is a significant development for the company as it seeks to cash in on the new found sales momentum that it has gathered this year.
The continued strong performances in these auction nights are expected to propel Sun Kissed’s sales figures to new heights over the course of the coming weeks. For instance, in the week that ended on February 25, the company managed to generate gross sales of as much as $197,905.
As ever, much of the gross sales were generated through the Thursday night auction. It has increasingly become one of the most important initiatives to have been undertaken by Sun Kissed. The company has successfully sold some big-ticket luxury items during these auction events and it is likely that market watchers are going to keep a close eye on the events in the weeks to come.
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