CHARLES & COLVARD LAUNCHES STRATEGIC PARTNERSHIP WITH XCEL BRANDS' LONGABERGER
"We are pleased to announce our new partnership with Longaberger and believe our commitment to superior quality and standards is well aligned with their reputation to build a community of like-minded brands," said
A new "friend" to Longaberger, Charles & Colvard has been a strong presence in the global lab grown market for nearly three decades, most notably known for their Made, Not Mined™ gems and fine jewelry. They believe their conscious approach to bridal, high fashion, and everyday jewelry is the future, and will enable Longaberger's community to experience their products firsthand.
"After 100 years of strengthening the bonds of craftspeople and consumers, Longaberger is proud to continue that mission by partnering with Charles & Colvard. Longaberger is leading a new wave of capturing a market segment with our proprietary livestreaming and social commerce platform," said
To explore Longaberger's curated assortment of Charles & Colvard's fine jewelry, visit their website at Longaberger.com.
Longaberger, founded by
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements expressing expectations regarding our future and projections relating to our products, sales, revenues, and earnings are typical of such statements and are made under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations, and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "continue," and similar words, although some forward-looking statements are expressed differently.
All forward-looking statements are subject to the risks and uncertainties inherent in predicting the future. You should be aware that although the forward-looking statements included herein represent management's current judgment and expectations, our actual results may differ materially from those projected, stated, or implied in these forward-looking statements as a result of many factors including, but not limited to, (1) our business and our results of operations could be materially adversely affected as a result of general economic and market conditions; (2) our future financial performance depends upon increased consumer acceptance, growth of sales of our products, and operational execution of our strategic initiatives; (3) we face intense competition in the worldwide gemstone and jewelry industry; (4) we are subject to certain risks due to our international operations, distribution channels and vendors; (5) our business and our results of operations could be materially adversely affected as a result of our inability to fulfill orders on a timely basis; (6) we may experience quality control challenges from time to time that can result in lost revenue and harm to our brands and reputation; (7) our operations could be disrupted by natural disasters; (8) sales of moissanite and lab grown diamond jewelry could be dependent upon the pricing of precious metals, which is beyond our control; (9) our current customers may potentially perceive us as a competitor in the finished jewelry business; (10) we depend on a single supplier for substantially all of our silicon carbide, or SiC, crystals, the raw materials we use to produce moissanite jewels; if our supply of high-quality SiC crystals is interrupted, our business may be materially harmed; (11) if the e-commerce opportunity changes dramatically or if e-commerce technology or providers change their models, our results of operations may be adversely affected; (12) the execution of our business plans could significantly impact our liquidity; (13) negative or inaccurate information on social media could adversely impact our brand and reputation; (14) environmental, social, and governance matters may impact our business, reputation, financial condition, and results of operations; and (15) our failure to maintain compliance with
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