New World Solutions Clarifies Position on Pre-Owned Watch Market Entry

Toronto, ON / ACCESSWIRE / September 19, 2024 - New World Solutions Inc. (CSE:NEWS)(OTC Pink:REGRF)(FSE:RT5), at the request of CIRO, has provided clarification regarding its September 18, 2024, announcement about entering the global pre-owned watch market. The company emphasized the anticipated growth of this market, expected to reach $29 to $32 billion by 2025, as projected by Polaris Market Research & Consulting Inc.

The company clarified that it was not forecasting its revenue but highlighting the market's potential. Names of well-known watch brands mentioned in the press release were licensed trademarks of their respective owners, and New World Solutions does not imply any affiliation with these brands. The company aims to leverage the popularity of these brands through its upcoming e-commerce platform set to launch within 30 days.

New World Solutions also noted demographic trends influencing the market, mentioning several influencers and investors without implying any formal relationships. The company aims to ensure greater transparency in future press releases. New World Solutions aims to provide a comprehensive view of the social and demographic factors driving market growth.