New World Issue Clarifying Information
New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5) has issued a clarification regarding its September 18, 2024 press release about entering the global watch market. The company emphasizes that the pre-owned watch market is expected to reach $29 to $32 billion by 2025, according to Polaris Market Research & Consulting Inc. New World Solutions was not forecasting its own revenue but highlighting the market size it's targeting.
The company clarified that it does not have relationships with mentioned watch brands or influencers. It is not an authorized dealer of any watch brand and does not plan to be in the future. The mention of brands and influencers was intended to illustrate market trends. New World Solutions plans to launch its e-commerce platform within the next 30 days, focusing on popular brands driving market growth.
The company acknowledges the need for better transparency in future press releases and commits to providing clearer market trend information.
New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5) ha emesso una chiarificazione riguardo al suo comunicato stampa del 18 settembre 2024 riguardante l'ingresso nel mercato globale degli orologi. L'azienda sottolinea che il mercato degli orologi di seconda mano è previsto crescere da 29 a 32 miliardi di dollari entro il 2025, secondo Polaris Market Research & Consulting Inc. New World Solutions non stava prevedendo le proprie entrate, ma evidenziando la dimensione del mercato che intende raggiungere.
L'azienda ha chiarito che non ha relazioni con i marchi di orologi o influencer menzionati. Non è un rivenditore autorizzato di alcun marchio di orologi e non prevede di diventarlo in futuro. La menzione di marchi e influencer era intesa a illustrare le tendenze di mercato. New World Solutions prevede di lanciare la sua piattaforma e-commerce entro i prossimi 30 giorni, concentrandosi su marchi popolari che guidano la crescita del mercato.
L'azienda riconosce la necessità di maggiore trasparenza nei futuri comunicati stampa e si impegna a fornire informazioni più chiare sulle tendenze di mercato.
New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5) ha emitido una aclaración respecto a su comunicado de prensa del 18 de septiembre de 2024 sobre su entrada en el mercado global de relojes. La compañía enfatiza que el mercado de relojes de segunda mano se espera que alcance de 29 a 32 mil millones de dólares para 2025, según Polaris Market Research & Consulting Inc. New World Solutions no estaba pronosticando sus propios ingresos, sino resaltando el tamaño del mercado que está buscando.
La empresa aclaró que no tiene relaciones con las marcas de relojes o influencers mencionados. No es un distribuidor autorizado de ninguna marca de relojes y no planea serlo en el futuro. La mención de marcas e influencers tenía la intención de ilustrar las tendencias del mercado. New World Solutions planea lanzar su plataforma de comercio electrónico en los próximos 30 días, enfocándose en marcas populares que impulsan el crecimiento del mercado.
La empresa reconoce la necesidad de una mejor transparencia en futuros comunicados de prensa y se compromete a ofrecer información más clara sobre las tendencias del mercado.
New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5)는 2024년 9월 18일 글로벌 시계 시장 진출에 관한 보도자료에 대한 설명을 발표했습니다. 이 회사는 중고 시계 시장이 2025년까지 290억에서 320억 달러에 이를 것으로 예상하고 있다고 Polaris Market Research & Consulting Inc.에 따라 강조했습니다. New World Solutions는 자체 수익을 예측한 것이 아니라 목표로 하는 시장 규모를 강조한 것입니다.
회사는 언급된 시계 브랜드나 인플루언서들과의 관계가 없다고 밝혔습니다. 어떠한 시계 브랜드의 공식 판매자도 아니며, 향후에도 되기를 계획하고 있지 않습니다. 브랜드와 인플루언서에 대한 언급은 시장 트렌드를 설명하기 위한 것이었습니다. New World Solutions는 앞으로 30일 이내에 전자상거래 플랫폼을 출시할 계획이며, 시장 성장을 이끄는 인기 브랜드에 중점을 두고 있습니다.
회사는 향후 보도자료에서 더 나은 투명성이 필요함을 인정하고, 시장 트렌드에 대한 명확한 정보 제공을 약속했습니다.
New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5) a émis une clarification concernant son communiqué de presse du 18 septembre 2024 sur son entrée sur le marché mondial des montres. L'entreprise souligne que le marché des montres d'occasion devrait atteindre 29 à 32 milliards de dollars d'ici 2025, selon Polaris Market Research & Consulting Inc. New World Solutions ne prévoyait pas ses propres revenus, mais mettait en avant la taille du marché qu'elle cible.
L'entreprise a clarifié qu'elle n'a pas de relations avec les marques de montres ou les influenceurs mentionnés. Elle n'est pas un revendeur autorisé de marques de montres et ne prévoit pas de le devenir à l'avenir. La mention de marques et d'influenceurs visait à illustrer les tendances du marché. New World Solutions prévoit de lancer sa plateforme de commerce électronique dans les 30 prochains jours, en se concentrant sur des marques populaires qui stimulent la croissance du marché.
L'entreprise reconnaît la nécessité d'une meilleure transparence dans ses futurs communiqués de presse et s'engage à fournir des informations plus claires sur les tendances du marché.
New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5) hat eine Klarstellung zu seiner Pressemitteilung vom 18. September 2024 bezüglich des Eintritts in den globalen Uhrenmarkt herausgegeben. Das Unternehmen betont, dass der Markt für gebrauchte Uhren voraussichtlich bis 2025 einen Wert von 29 bis 32 Milliarden Dollar erreichen wird, gemäß Polaris Market Research & Consulting Inc. New World Solutions prognostizierte keine eigenen Einnahmen, sondern hob die marktgröße hervor, die es anstrebt.
Das Unternehmen stellte klar, dass es keine Beziehungen zu den genannten Uhrenmarken oder Influencern hat. Es ist kein autorisierter Händler einer Uhrenmarke und plant nicht, in Zukunft einer zu werden. Die Erwähnung von Marken und Influencern sollte lediglich dazu dienen, Markttrends zu veranschaulichen. New World Solutions plant, innerhalb der nächsten 30 Tage seine E-Commerce-Plattform zu starten, wobei der Fokus auf beliebten Marken liegt, die das Marktwachstum vorantreiben.
Das Unternehmen erkennt die Notwendigkeit einer besseren Transparenz in zukünftigen Pressemitteilungen an und verpflichtet sich, klarere Informationen zu Markttrends bereitzustellen.
- Entering the growing pre-owned watch market, expected to reach $29-32 billion by 2025
- Plans to launch an e-commerce platform within the next 30 days
- Clarification needed for previous press release, indicating potential miscommunication
- No direct relationships with mentioned watch brands or influencers
TORONTO, ON / ACCESSWIRE / September 19, 2024 / New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5) ("New World" or the "Company") at the request of CIRO, the Company would like to provide additional clarification regarding its September 18, 2024, press release titled: New World Solutions Enters
In addressing the pre-owned watch market, the Company wishes to clarify that the market is a growing sector expected to reach
Source quote:
"Driven by younger consumers in addition to collectors and cost-conscious shoppers, as well as an increasingly trustworthy and transparent supply by digital marketplaces, the pre-owned watch market is set to become the industry's fastest-growing segment, reaching
https://www.mckinsey.com/industries/retail/our-insights/state-of-fashion
"...In an uncertain world, consumer discretionary spend will be weighted toward trusted categories and brands. Hard luxury goods-jewelry, watches, and leather-will likely be in demand, reflecting their potential investment value in tough economic times… "
https://www.mckinsey.com/industries/retail/our-insights/state-of-fashion-watches-and-jewellery
The Company included the names of several of several recognizable watch brand names in the press release. The brands are licensed trademarks of their respective owners. The Company did not intend to imply that it has a relationship with these brands. The Company is not an authorized dealer of any watch brand, and does not intend to be an authorized retail dealer in the future. These are popular brands that are driving the growth in this market that the Company plans to focus on when it launches its ecommerce platform which is expected to launch in the next 30 days.
The Company also highlighted several influencers and investors in the press release. The Company did not intend to imply that it has any relationship with these influencers or investors. The Company was highlighting some of the social and demographic trends driving the growth of this market and that certain investors were entering this market.
Going forward the Company will ensure better transparency in its press releases. The Company only intended to provide a full overview and understanding of the social and demographic market trends.
About New World
New World Solutions is an innovative technology company, driving innovative solutions to new world problems. Through our blockchain and technology experience, we are leveraging solutions in the decentralized finance space as well as the electric vehicle area. We look to acquire and launch a balanced spectrum of solutions to become a leader in this dynamic tech landscape.
For additional information on New World and other corporate information, please visit the company website at https://www.newworldinc.io/.
For further information, please contact:
Paul Haber, C.P.A., C.A., C.Dir
Chief Executive Officer
New World Solutions Inc.
Phone: (416) 318- 6501
Email: phaber@newworldinc.io
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.
Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information in this news release are based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties, and other factors, which may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the risks associated with the blockchain in general, the risk that the Transaction will not be completed as contemplated or at all. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results, or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
The Canadian Stock Exchange (the "CSE") does not accept responsibility for the adequacy or accuracy of this release.
Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: New World Solutions Inc.
View the original press release on accesswire.com
FAQ
What is the expected size of the pre-owned watch market by 2025 according to New World Solutions (REGRF)?
When does New World Solutions (REGRF) plan to launch its e-commerce platform?
Does New World Solutions (REGRF) have relationships with the watch brands mentioned in their press release?
What was the purpose of mentioning influencers and investors in New World Solutions' (REGRF) press release?
