denmans.com, Inc. Gains Membership To The Jewelers Vigilance Committee, Preserving Highest Industry Standards and Upholding Ethics.Business Editors, High-Tech Writers LOS ANGELES--(BUSINESS WIRE)--June 8, 2000 denmans.com, a leading online jeweler, is pleased to announce that it has joined the Jewelers Vigilance VIGILANCE. Proper attention in proper time. 2. The law requires a man who has a claim to enforce it in proper time, while the adverse party has it in his power to defend himself; and if by his neglect to do so, he cannot afterwards establish such claim, the Committee ("JVC JVC Victor Company of Japan (or Japan's Victor Company) JVC Jewelers Vigilance Committee JVC Jesuit Volunteer Corps JVC Jet Vane Control (directs VLS-launched missiles) JVC Jonker-Volgenant-Castanon "). The JVC is the jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. industry's guardian of ethics and integrity. As the legal arm of the jewelry industry, the JVC works on behalf of its members and the entire industry, to ensure ethical conduct in the jewelry trade. By being a member of the JVC and by displaying the JVC symbol on the denmans.com's website (http://www.denmans.com), net customers are assured of Denmans' integrity and commitment to ethical practices in the conduct of its jewelry business. The Company's affiliation with the JVC, along with Denmans' 30-day money-back guarantee, mean customers can shop in total confidence when buying jewelry through the Denmans' site. The JVC provides guidance to the jewelry industry by implementing a rigorous set of standards jewelers may utilize to gauge and ensure quality assurance. The appraisal standards monitored by the JVC are meant to provide quality assurance guidelines that can be recognized by jewelers and the buying public alike. The JVC also serves to adjudicate adjudicate (  jōō´dikāt´),v complaints. The JVC's mission is to make sure that jewelers' business practices are ethical by providing members with the latest information about common standards of quality assurance. The worldwide membership includes retailers, manufacturers and distributors. "We are proud to be a member and contribute to JVC's mission," stated Mr. Kurt Dohlen, President of denmans.com. "Establishing a reputation for integrity and sound business ethics business ethics, the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company's obligation to be honest with its customers, to broader social benefits Denmans and everyone transacting business with us. Customers will keep coming back when they know they can trust our business practices. Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , the JVC standards are an assurance of the quality of merchandise we offer." denmans.com is establishing itself as the industry-leading online jeweler. The Company sources jewelry product on an order-by-order basis directly from jewelry designers A jewelry designer is defined as a person who renders, creates, and models original Jewelry creations. By profession this person would be trained in the knowledge of metalsmithing and design. and suppliers. By employing just-in-time supply, denmans.com does not incur any costs associated with the inefficiencies of carrying inventory. This low overhead structure enables denmans.com to offer the most advantageous prices on an unparalleled selection of fine jewelry, brand name watches and gemstones. Denmans.com is strategically positioned at the intersection of the growing worldwide demand for quality jewelry and the rapidly expanding use of the Internet for retail commerce. Web users have placed online jewelry sales in the top ten categories of net shopping. Online jewelry sales are expected to grow to $1 billion by 2003. Combining the advantages of online commerce, with superior customer focus, compelling selection and advantageous pricing, denmans.com intends to be the definitive source for the highest quality, authentic jewelry and jewelry related products. (http://www.denmans.com). 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. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 21E of the Securities and Exchange Act of 1934, including statements regarding the Company's expectations, beliefs, hopes, intentions or strategies regarding the future. Forward-looking statements include statements regarding the size of the Company's market opportunities in various segments, the demand for jewelry goods on the Internet and the Company's relative competitive position. All forward-looking statements are based upon information available to the Company as of the date of the statement, and the Company assumes no obligation to update any such forward-looking statement. The potential risks and uncertainties that could cause actual results to differ materially include, but are not limited to, the Company's limited operating history, which makes forecasting difficult; the Company's ability to achieve sales growth that exceeds growth in operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. ; seasonal fluctuations in purchases of jewelry goods; the Company's ability to plan for customer demand, source product and adjust inventory levels accordingly; customer interest in the purchase of new categories of jewelry goods on the Internet; the failure of systems associated with order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment ; changes in product mix; continued competitive factors and pricing pressures; and market responses to pricing actions and promotional programs. Actual results could differ materially from the Company's current expectations. Further information on the factors and risks that could affect the Company's financial results are included in its filings with the Securities and Exchange Commission, including the quarterly reports. For more information, please visit our corporate website at http://www.dnmn.com or contact: Keith Kidwell, Investor Relations Investor relations The process by which the corporation communicates with its investors. , info@denmans.com |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion