Market Overview

MadaLuxe Group Opens Second Luxury Off-Price Retail Boutique, at the Oceanside Outlets at San Clemente

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Newest Location Features Luxury Eyewear Shop-in-Shop

MadaLuxe Group, North America's leading distributor of luxury fashion,
today announced the opening of its second MadaLuxe Vault luxury
off-price boutique, at the Oceanside Outlets at San Clemente. The new
location boasts a large luxury MadaLuxe Vault Eyewear shop-in-shop,
where shoppers can enjoy a unique, personalized try-on experience.

"We are extremely excited to be launching our second retail boutique and
our first MadaLuxe Vault Eyewear shop-in-shop concept in San Clemente,"
said Adam Freede, CEO of MadaLuxe Group. "We continue to make strategic
decisions to select locations that align with our retail and brand
partners' business efforts, and this location on the water promises to
offer our luxury customer the personalized shopping experience and
selection they desire."

Since 2010, MadaLuxe Group has been a trusted partner for Europe's
iconic luxury maisons seeking a North American distribution strategy for
excess inventory. With retail sales of more than $200 million per year,
the Group plans to continue driving the success of its luxury off-price
boutique concept by opening a third MadaLuxe Vault location later this
year, for a total of three U.S. locations by the start of the holiday
season.

"Through MadaLuxe Vault, we are creating an entirely new luxury
off-price lifestyle with a groundbreaking, multibrand boutique concept,"
said Sandy Sholl, Co-founder and Executive Chairman of MadaLuxe Group.
"Our eyewear shop-in-shop in the San Clemente boutique is a
first-of-its-kind for us and will enable us to cater to eyewear
shoppers' unique needs in a special setting."

The newest MadaLuxe Vault totals approximately 3,800 square feet and is
located oceanside at 101 West Avenida Vista Hermosa, Suite 424, in the
Outlets at San Clemente. The boutique features European luxury brands
such as Alexander McQueen, Balenciaga, Bottega Veneta, Versace and many
more. The in-store MadaLuxe Vault Eyewear shop-in shop experience, where
customers can browse and try on a wide selection of luxury eyewear,
occupies approximately 700 square feet of the boutique.

About MadaLuxe Group

Since its founding in 2010, MadaLuxe Group and its co-founders, Sandy
Sholl and Adam Freede, have created a unique foothold in the luxury
retail market, specializing in full-line and off-price distribution of
handbags, eyewear, footwear, clothing, timepieces and more from Europe's
iconic maisons. With retail sales of more than $200 million, MadaLuxe
Group is also the exclusive North American distributor for full-price
timepieces from Ferragamo, Versace and Versus Versace, and is an equity
owner of Haute Hippie, the high-end brand known for its strong,
fashion-forward designs targeting the well-travelled woman with an
international style. In close partnership with its clients, MadaLuxe
Group consistently evolves its offerings to strategically support market
demand and reach the established and emerging luxury consumer. The group
not only distributes to the world's most prestigious retailers, but also
operates a growing number of MadaLuxe Vault direct-to-consumer retail
destinations.

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