Glory Star New Media Group Holdings Ltd (GSMG)

[ProfitScout]

Fendi, Prada, Gucci, and Burberry are impressive names in the GSMG news this week. The new projects with these world known luxury brands should serve to bring a lot of new attention to the GSMG entertainment platform and continue to grow revenues here.

Note the comments from the CEO of Glory Star:

Mr. Bing Zhang, Chairman and Chief Executive Officer of Glory Star, commented, "We are excited to work with such internationally renowned luxury brands. These working relationships will allow us to further solidify our leadership as a premium content provider in the high-end segment of the luxury e-commerce market. Meanwhile, our access to world-class brands and expanding library of custom content will further boost user retention, user engagement, and user stickiness on our platform. Looking ahead, we are confident that these working relationships will make meaningful contributions to our business expansion efforts as we advance through the rest of 2020 and beyond."