Amazon Marketplace

Jeffs’ Brands Revenue for 2023 Ramps up to Over $10 Million Boosted by Strategic Acquisition of Fort

Retrieved on: 
Lundi, avril 1, 2024

This growth is largely attributed to the strategic acquisition of Fort Product Ltd. (“Fort”), in March 2023 and an expanded product lineup, particularly in the pest control.

Key Points: 
  • This growth is largely attributed to the strategic acquisition of Fort Product Ltd. (“Fort”), in March 2023 and an expanded product lineup, particularly in the pest control.
  • Operating Loss: Jeffs' Brands experienced an operating loss of $5,089 thousand in 2023, compared to a loss of $4,512 thousand in 2022.
  • Pioneering the Pest Control Sector with Fort Acquisition: In a strategic move to dominate the pest control market, Jeffs' Brands acquired Fort in March 2023.
  • The PIPE transaction emphasizes investor confidence in Jeffs' Brands’ vision and strategic direction, enhancing its liquidity and financial stability.

Jeffs’ Brands Files its 2023 Annual Report on Form 20-F

Retrieved on: 
Lundi, avril 1, 2024

Tel Aviv, Israel, April 01, 2024 (GLOBE NEWSWIRE) -- Jeffs’ Brands Ltd. (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced the filing of its 2023 Annual Report on Form 20-F with the Securities and Exchange Commission.

Key Points: 
  • Tel Aviv, Israel, April 01, 2024 (GLOBE NEWSWIRE) -- Jeffs’ Brands Ltd. (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced the filing of its 2023 Annual Report on Form 20-F with the Securities and Exchange Commission.
  • Jeffs’ Brands’s 2023 Annual Report on Form 20-F includes audited financial statements for the year ended December 31, 2023.
  • The report can be accessed on the company’s investor relations website at ir.monday.com and on the SEC’s website at www.sec.gov .

Reborn Coffee Reports Fiscal Year 2023 Financial Results

Retrieved on: 
Jeudi, mars 28, 2024

BREA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, has reported its financial and operational results for the fiscal year ended December 31, 2023.

Key Points: 
  • BREA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, has reported its financial and operational results for the fiscal year ended December 31, 2023.
  • Held grand opening of a new flagship store under the newly incorporated Reborn Coffee Malaysia, at the Exchange TRX mall in Kuala Lumpur, Malaysia.
  • Closed a $1.0 million private placement equity investment from accredited investor, allowing Reborn Coffee to continue expanding its footprint both in the U.S. and internationally.
  • This conversion strengthens the company's financial structure and signals to investors and stakeholders the promising future that lies ahead for Reborn.

Jeffs' Brands Launches Innovative Pest-Repellent Product Line Under the Fort Brand

Retrieved on: 
Jeudi, mars 14, 2024

Tel Aviv, Israel, March 14, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced the expansion of the Fort brand, under its wholly owned subsidiary Fort Products Ltd. (“Fort”), with the launch of a novel line of pest control solutions. This new product range, characterized by its innovative pest-repellent technology, marks a significant advancement in the pest control industry, offering consumers dozens of unique products designed to effectively repel pestsin a non-lethal manner.

Key Points: 
  • This new product range, characterized by its innovative pest-repellent technology, marks a significant advancement in the pest control industry, offering consumers dozens of unique products designed to effectively repel pestsin a non-lethal manner.
  • The launch of this new line under the Fort brand represents a significant step forward in our commitment to innovation, quality, and sustainability in the pest control market."
  • The uniqueness of the Fort brand's new pest control line lies in its advanced repellent technology.
  • In line with its strategy to meet the growing demand for effective pest control solutions worldwide, Jeffs' Brands has ensured that the new Fort product line is readily available to consumers through the Amazon Marketplace.

Jeffs’ Brands: Since its Acquisition in 2023, Fort has Generated Total Revenues of $5.3 Million From its Amazon Sales

Retrieved on: 
Mardi, mars 12, 2024

Tel Aviv, Israel, March 12, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced preliminary unaudited financial results for Fort Products Ltd. (“Fort”), its wholly owned subsidiary, on its revenue for sales on Amazon Marketplace, according to the data received from the Amazon seller central. The following results is for the period beginning on March 9, 2023, the date Fort was acquired by the Company, and ending on December 31, 2023 (the “Period").

Key Points: 
  • The following results is for the period beginning on March 9, 2023, the date Fort was acquired by the Company, and ending on December 31, 2023 (the “Period").
  • Fort’s Amazon generated revenues for the Period, amounted to approximately $5.3 million, representing an increase of 23% compared $4.3 million at the same period of 2022, prior to the acquisition.
  • Profit attributed directly to Amazon sales, amounted to $614 thousand, compared to $445 thousand in the same period of 2022.
  • Victor Hakmon, CEO of Jeffs' Brands said "Less than a year since acquiring Fort, we are witnessing remarkable success in operating and expanding the brand.

VAT compliance and invoicing software provider amaZervice joins Billbee and becomes part of Bregal’s E-commerce Software Group

Retrieved on: 
Mardi, mars 19, 2024

Billbee, a portfolio company of funds advised by Bregal Unternehmerkapital ("BU") has acquired German software provider amaZervice.

Key Points: 
  • Billbee, a portfolio company of funds advised by Bregal Unternehmerkapital ("BU") has acquired German software provider amaZervice.
  • Through the recent partnership with amaZervice, Billbee strengthens its expertise in VAT compliance and invoicing and realizes new valuable synergies through an extended product offering with cross selling potential and additional go-to-market value creation opportunities.
  • Headquartered in Wildpoldsried, Germany, amaZervice is a specialist niche provider of invoicing and VAT compliance software with a particular focus on Amazon Marketplace sellers.
  • Moreover, the company offers a range of services related to the use of its software, such as historical analysis of Amazon data for VAT compliance.

ChannelEngine Launches Amazon Vendor Integration to Support Hybrid Selling Strategies

Retrieved on: 
Mardi, février 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- ChannelEngine, a leading ecommerce marketplace integrator, today announced its integration with Amazon Vendor Central in its continued effort to support the growing number of hybrid sellers on Amazon. This is especially significant considering sales by Amazon (also known as first-party sales or 1P) reached $220 billion in 2023. With this integration, ChannelEngine can seamlessly help sellers streamline Amazon Vendor Central operations.

Key Points: 
  • With this integration, ChannelEngine can seamlessly help sellers streamline Amazon Vendor Central operations.
  • Our ability to integrate back-end systems through ChannelEngine with Vendor Central decreases the time spent on manually updating content in Amazon Vendor.
  • Later this year, ChannelEngine plans to extend the Amazon Vendor integration with support for retail procurement.
  • Next Thursday, March 7th, Amazon Vendor experts, Katharina Lurz, Head of Brand Experience from DEPT and Niels Floors, VP Strategic Partnerships, ChannelEngine, will share tips for brands to optimize their presence on Vendor Central in an upcoming webinar, Navigating Amazon Vendor at Scale.

Rodin Books announces the release of "Big Bet Leadership: Your Transformation Playbook for Winning in the Hyper-Digital Era"

Retrieved on: 
Mardi, février 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire-PRWeb/ -- Rodin Books, a leading publisher in business and leadership literature, announces the release of Big Bet Leadership: Your Transformation Playbook for Winning in the Hyper-Digital Era by renowned authors and advisors John Rossman and Kevin McCaffrey. This groundbreaking book is available in hardcover, e-book, and audio formats across all major retail platforms.

Key Points: 
  • NEW YORK, Feb. 27, 2024 /PRNewswire-PRWeb/ -- Rodin Books, a leading publisher in business and leadership literature, announces the release of Big Bet Leadership: Your Transformation Playbook for Winning in the Hyper-Digital Era by renowned authors and advisors John Rossman and Kevin McCaffrey.
  • "In a business environment that's more volatile and competitive than ever, Big Bet Leadership provides counter-intuitive and provocative tactics for systematic growth," said Arthur Klebanoff, CEO of Rodin Books.
  • Big Bet Leadership emerges as a crucial playbook for today's senior leadership facing the daunting task of steering their organizations through transformative changes and innovations.
  • The book covers Big Bet Thinking, Big Bet Environment and Big Bet Management, ensuring that leaders create clarity, maintain velocity and prioritize risk and value effectively.

YETI Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Jeudi, février 15, 2024

YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 30, 2023.

Key Points: 
  • YETI Holdings, Inc. (“YETI”) (NYSE: YETI) today announced its financial results for the fourth quarter and fiscal year ended December 30, 2023.
  • The recall reserves favorably impacted sales by $2.8 million in the fourth quarter of 2023 and unfavorably impacted sales by $38.4 million in the prior year quarter.
  • Sales and adjusted sales for the fourth quarter of 2023 include $6.5 million of sales related to gift card redemptions in connection with recall remedies.
  • The recall reserves favorably impacted gross profit by $4.1 million in the fourth quarter of 2023 and unfavorably impacted gross profit by $97.0 million in the prior year quarter.

Jeffs' Brands Launches Sales of the Fort Brand on the Amazon Marketplace in France

Retrieved on: 
Mardi, février 6, 2024

Tel Aviv, Israel, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced the commencement of sales for the brand of its wholly-owned subsidiary Fort Products Ltd., of pest control solutions on the Amazon Marketplace in France.

Key Points: 
  • Tel Aviv, Israel, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced the commencement of sales for the brand of its wholly-owned subsidiary Fort Products Ltd., of pest control solutions on the Amazon Marketplace in France.
  • This expansion is part of the Company's strategy to address the growing demand for effective pest control solutions globally.
  • To accommodate future demands and ensure a steady supply of products, Jeffs' Brands previously announced on January 31, 2024, the establishment of a dedicated production line in China.
  • Victor Hakmon, CEO of Jeffs' Brands said: "We are thrilled to bring our Fort brand to Amazon France, a strategic move that aligns with our commitment to addressing global consumer needs.