CyberShop.com Announces Exclusive Online Distribution With Designer Apparel Brands.Off-price online retailer launches strategy to work with key manufacturers to support online branding objectives CyberShop.com (R), Inc (Nasdaq:CYSP), the leading online retailer of designer apparel and home furnishings, today announced its strategy to lock up online distribution rights with top manufacturers by signing exclusive online distribution agreements with key designer apparel brands. In the agreements reached, Cybershop.com has secured the two-year exclusive rights to sell on the Internet these important brand's first quality, over-stock merchandise. We believe exclusive distribution should offer Cybershop.com higher gross margins while offering these prestigious brands more control over the marketing and distribution of their products on the Internet. The following manufacturers represent the first group of charter partners, participating in this program: August Silk, Harve Bernard, XOXO XOXO Hugs and Kisses XOXO Extensible Open Xhtml Outlines XOXO XO Communications, Inc. (former stock symbol) Essentials, New Frontier New Frontier President John F. Kennedy’s legislative program, encompassing such areas as civil rights, the economy, and foreign relations. [Am. Hist.: WB, K:212] See : Aid, Governmental , A Gold E, Ronni Nicole, Touch Me, Zone One, Metrokane, Aziz, Patricia Jones Patricia Jones (born 30 February, 1900) is a Canadian athlete who competed mainly in the 100 metres. She competed for Canada in the 1948 Summer Olympics held in London, United Kingdom in the 4 x 100 metres where she won the bronze medal with her team mates Viola Myers, Nancy and Central Park West. "Just as T.J. Maxx and Marshalls (NYSE NYSE See: New York Stock Exchange :TJX) have become the dominant brick and mortar See bricks and mortar. retailer for off-price brands, we are positioning CyberShop.com as the key Internet destination to purchase designer apparel and home furnishings," explains Jeff Tauber, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman. "Working with top brands to gain their support is critical in order to maintain a broad assortment of designer apparel. We expect to reach agreements with many more brands shortly." CyberShop.com is leveraging its experience as traditional merchants and its position as a pioneer in e-commerce, to purchase close-outs and over stocks directly from America's most prestigious manufacturers. "It's a business based on relationships and knowledge of the industry", explains CyberShop.com VP and General Merchandise Manager Ed Mufson. "My team of buyers and I are working in partnership with the same manufacturers we've worked with for years, in order to deliver top brands and great value to our customers". Currently, CyberShop.com also offers product from Ralph Lauren, Calvin Klein, Cartier, CHANEL, DKNY DKNY Donna Karan New York , Fendi, Perry Ellis, Guess, Nautica, Liz Claiborne and many others. About CyberShop.com CyberShop.com, a leading online retailer, operates two online stores. Our flagship store located at http://www.cybershop.com offers discounted designer and brand-name apparel, electronics, home accessories, toys, gifts and watches all at closeout closeout, closure the finalization of a feeding program in a feedlot. The cattle are sold and a balance sheet is struck which includes the costs of feeding and housing or confining them. prices. electronics.net, CyberShop.com's joint venture with Tops Appliance City (Nasdaq:TOPS), located at http://www.electronics.net offers a broad assortment of consumer electronics, appliances and home office equipment for sale online. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, CyberShop.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, competition, risks associated with system development and operation risks, management of potential growth and risks of new business areas, and strategic alliances. |
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