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Alliance Entertainment Completes Business Combination with Adara Acquisition Corp.

Retrieved on: 
Vendredi, février 10, 2023
Technology, Electronic Games, Retail, Entertainment, Finance, Online Retail, Electronic Commerce, General Entertainment, Professional Services, Film & Motion Pictures, Software, Hardware, Music, Consumer Electronics, Omni, EBay, Arcade1Up, Fox, Alliance Films, NYSE, Acquisition, ThinkEquity, Discogs, Warner Music Group, Multimedia, Wayfair, ATI, Warner Bros. Home Entertainment, Universal Music Group, Target, Business analyst, Lionsgate, Collectors' Choice Music, Sega, NYSE American, Sony Pictures, Kohl's, Growth, Video, Omnichannel, OTC, CD, GameStop, Sony Music, DTU, Direct, Amazon, Walmart, DTC, Automation, Loeb, CUSIP, E-commerce, Electronics, Voltron: Defender of the Universe (video game), Best Buy, ADRA, DVD, Video game, Adara, Amazon Marketplace, Electronic Arts, Paramount, Activision, Microsoft, Mattel, Nintendo

Alliance Entertainment Holding Corporation ("Alliance Entertainment"), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, and Adara Acquisition Corp. (“Adara”) (NYSE American: ADRA, ADRA.U, ADRA.WS), a special purpose acquisition corporation, have completed the previously announced business combination which was approved at an Extraordinary General Meeting of Adara’s shareholders on January 18, 2023.

Key Points: 
  • Alliance Entertainment Holding Corporation ("Alliance Entertainment"), a distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, and Adara Acquisition Corp. (“Adara”) (NYSE American: ADRA, ADRA.U, ADRA.WS), a special purpose acquisition corporation, have completed the previously announced business combination which was approved at an Extraordinary General Meeting of Adara’s shareholders on January 18, 2023.
  • The board of Alliance Entertainment would like to thank the team at Adara and its group of investors for the successful completion of the business combination.”
    Tom Finke, CEO & Chairman of Adara Acquisition Corp., commented, “We congratulate Alliance Entertainment on today’s accomplishment and look forward to their continued evolution as a leading DTC and eCommerce provider for the entertainment industry.
  • We look forward to collaborating with Alliance Entertainment as they strategically position the company to achieve its growth objectives.”
    ThinkEquity acted as the advisor to Adara Acquisition Corp. in connection with the business combination.
  • Blank Rome LLP served as legal advisor to Adara Acquisition Corp. in connection with the business combination.

DAVIDsTEA Launches Limited Edition Holiday Matcha Collection

Retrieved on: 
Jeudi, décembre 15, 2022
Holiday, Foam, Collection, Health, The Holiday Collection, Taste, Pharmacy, Knowledge, DavidsTea, DTEA, Amazon Marketplace, Coffee, Tea

MONTREAL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to announce the launch of their rule-breaking Holiday Matcha Collection, spotlighting naturally flavoured Gingerbread Matcha and Orange Spice Matcha plus first-to-market Glitter Matcha. These fresh, seasonal and vegan additions to the brand’s impressive matcha collection—one of the largest in North America—are available at all 18 DAVIDsTEA flagship stores across Canada, and online at davidstea.com.

Key Points: 
  • Celebrate the season with festive and unique Glitter Matcha, Gingerbread Matcha and Orange Spice Matcha
    MONTREAL, Dec. 15, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to announce the launch of their rule-breaking Holiday Matcha Collection, spotlighting naturally flavoured Gingerbread Matcha and Orange Spice Matcha plus first-to-market Glitter Matcha.
  • New standout arrivals from the DAVIDsTEA Holiday Collection include Gingerbread Matcha; sip this sweet, spicy and heartwarming tea hot or as a frothy latte.
  • “With over 20 benefit-packed types of high-quality matcha in our collection, Glitter Matcha, Gingerbread Matcha and Orange Spice Matcha are such fun additions for the festive season,” said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA.
  • Gingerbread Matcha: Returning for the 2022 holiday season, vegan Gingerbread Matcha joins DAVIDsTEA’s expansive festive lineup of naturally flavoured matchas like Sugar Cookie Matcha, Vanilla Chai Matcha, and Candy Cane Matcha.

Jeffs' Brands Enters Into Non-Binding Agreement to Acquire 50% of a Company that Owns an Amazon Top Selling Brand

Retrieved on: 
Mercredi, décembre 14, 2022
Acquisition, Register, FBA, ASIN, Hair, Candy, Beauty, Public expenditure, Jeff Brandes, Amazon Marketplace, James v Redcats (Brands) Ltd, Form, Online shopping, Amazon

Tel Aviv, Israel, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a non-binding letter of intent ("LOI") with SciSparc Ltd. (“SciSparc”) (Nasdaq: SPRC), for the purchase of 50% of SciSparc’s wholly owned subsidiary, SciSparc Nutraceuticals Inc., which owns WellutionTM, a top-selling Amazon.com Marketplace food supplements and cosmetics brand (the “Brand”), for approximately $3 million in cash or a combination of cash and ordinary shares of the Company, as agreed by the parties in the definitive agreement.

Key Points: 
  • The Brand is profitable with millions of dollars in annual sales.
  • The acquisition is subject to, the negotiation and the execution of a binding definitive agreement.
  • The Brand offers eight variations of natural hemp candy supplements under two parent Amazon Standard Identification Number (each, an “ASIN”) on Amazon that are differentiated by their hemp oil potency.
  • In total, the Brand has over 40,000 product reviews, most of which are 4 and 5-star reviews.

DAVIDsTEA Donates 1 Million Cups of Tea

Retrieved on: 
Mardi, novembre 29, 2022
COVID-19, Taste, DavidsTea, Science, Pharmacy, Drinking water, Social skills, DNA, Student, Knowledge, Curriculum, Amazon Marketplace, Ethical Tea Partnership, DTEA, Tea, Literacy, Parent, Health Impact Fund, Holiday, Health, African, Coffee

MONTREAL, Nov. 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, is pleased to celebrate Giving Tuesday by announcing their donation of over 1.3 million cups of tea to frontline heroes since the start of the pandemic. Continuing their commitment to a more sustainable and ethical tea industry, $1 of every purchase gives back to the DAVIDsTEA Impact Fund, supporting the brand’s local and global impact initiatives this Giving Week, from November 29 through December 6. Customers can shop with purpose at all 18 DAVIDsTEA flagship stores across Canada, and online at davidstea.com.

Key Points: 
  • In addition to supporting local communities through tea, DAVIDsTEA invites customers to shop with purpose this Giving Week with every transaction supporting the brands Impact Fund
    MONTREAL, Nov. 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (DAVIDsTEA or the Company), a leading tea merchant in North America, is pleased to celebrate Giving Tuesday by announcing their donation of over 1.3 million cups of tea to frontline heroes since the start of the pandemic.
  • Customers can help DAVIDsTEA meet their next goal of 2 million cups donatedevery transaction equals one cup of tea donated!
  • When the COVID-19 pandemic began, the brand wanted to amplify their daily efforts and find ways to support even further: DAVIDsTEA is proud to share that they have officially donated over 1.3 million cups of tea to hardworking frontline heroes since the start of the pandemic.
  • Customers can help DAVIDsTEA meet their next goal of 2 million cupsevery transaction in store and online at davidstea.com equals one cup of tea donated!

Jeffs’ Brands' 2022 Black Friday Sales Surged 60% Year Over Year

Retrieved on: 
Lundi, novembre 28, 2022
Marketing, FBA, Adobe, Adobe Inc., Cyber Monday, Amazon Marketplace, Register, James v Redcats (Brands) Ltd, Jeff Brandes, Black Friday, Form, Public expenditure, Online shopping, Amazon

Tel Aviv, Israel, Nov. 28, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that its brands' sales on Amazon on November 25, 2022, known as Black Friday, the day after the Thanksgiving holiday.

Key Points: 
  • Total estimated revenues generated by its brands on that date were approximately $190,000, an increase of approximately 60% compared to approximately $118,055 in 2021 Black Friday sales.
  • According to Adobe Inc., which tracks sales on retailers websites, Black Friday online spending hit a record of $9.2 billion, an increase of 2.3% year over year.
  • "We are pleased with the amazing results we achieved during this one day of sales.
  • The increase in revenues compared to Black Friday in 2021, reflects our evolving capabilities, both in product offerings and in marketing abilities.

DONNER RELEASES NEW DED-20 ROLL UP ELECTRIC DRUM PAD WITH BUILT-IN SPEAKER

Retrieved on: 
Lundi, novembre 28, 2022
Multimedia, Crash, LOS, EBay, Music, Amazon Marketplace, Walmart, Noise, USB, Donner, MIDI, Carding, Cassette tape

LOS ANGELES, Nov. 28, 2022 /PRNewswire/ -- Donner, leading manufacturer of innovative and feature-rich musical instruments, has rolled out the new DED-20 Electric Drum Pad. An innovative practice device for drummers on-the-go, the high-performance DED-20 features a built-in speaker that boasts high-quality sound source samples taken from real acoustic drums. Featuring seven drum sounds — including one snare, one crash, one ride, one hi-hat and three toms — the DED-20 also offers 12 demonstration songs and nine accompaniments set up to accommodate the needs of live performance.

Key Points: 
  • Ideal for practice on-the-go, the roll-up drum pad features a built-in speaker that samples a real drum, as well as a headphone output for quiet practice
    LOS ANGELES, Nov. 28, 2022 /PRNewswire/ -- Donner , leading manufacturer of innovative and feature-rich musical instruments, has rolled out the new DED-20 Electric Drum Pad.
  • An innovative practice device for drummers on-the-go, the high-performance DED-20 features a built-in speaker that boasts high-quality sound source samples taken from real acoustic drums.
  • Crafted from high-quality, soft silicone, players can roll up the pad and carry it with them in a backpack to practice wherever, whenever.
  • With a street price of $69.99 and a up to 30% off discount for now, Donner DED-20 Drum Pad is now available on Donner's official stores of Amazon Marketplace , WalMart and eBay.

Jeffs’ Brands Targeting the $2 Billion Market of Pest Control Products by Signing a Non-Binding Term Sheet with an Amazon.uk Market Leader

Retrieved on: 
Mercredi, novembre 23, 2022
Marketing, FBA, Term sheet, Amazon Marketplace, Register, James v Redcats (Brands) Ltd, Jeff Brandes, Sale, UK, Form, Public expenditure, Acquisition, Online shopping

Tel Aviv, Israel, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced that it has entered into a non-binding term sheet (the “Term Sheet") with a company incorporated in England engaged in the sale of pest control products through Amazon.uk ("the UK Company").

Key Points: 
  • As contemplated by the Term Sheet, Jeffs' Brands will acquire the UK Company and its five private label brands, currently being sold on Amazon.uk, for approximately $2.5 million in cash.
  • Currently the UK Companys brands and products have over 55,000 reviews, 82% of which are 4- and 5-star reviews.
  • "We continue targeting leading companies and brands, operating in attractive sectors, that we believe have great potential.
  • Jeffs' Brands is transforming the world of e-commerce by creating and acquiring products and turning them into market leaders, tapping into vast, unrealized growth potential.

DAVIDsTEA Recognized as a Great Place to Work® for Second Year

Retrieved on: 
Jeudi, novembre 17, 2022
Mental health, Culture, Taste, DavidsTea, Hospitality, Pharmacy, Workplace, Great Places, Certification, Female, Knowledge, Trust, Amazon Marketplace, Policy, Creativity, DTEA, Travel, Paternity, Tea, Senior, Child, Health, Woman, Regional Power (Canadian company), Career, Management

MONTRAL, Nov. 17, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (DAVIDsTEA or the Company), a leading tea merchant in North America, is pleased to announce that after a thorough and independent analysis, the Company has, for the second year, been recognized as a Great Place to Work by Great Place to Work Institute Canada.

Key Points: 
  • MONTRAL, Nov. 17, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (DAVIDsTEA or the Company), a leading tea merchant in North America, is pleased to announce that after a thorough and independent analysis, the Company has, for the second year, been recognized as a Great Place to Work by Great Place to Work Institute Canada.
  • With their focus on wellbeing and mental health, the proudly Canadian Company believes the honour is well-deserved; this is the second year DAVIDsTEA has applied for and obtained the Great Place to Work certification.
  • Were beyond proud to be a Great Place to Work-certified workplace for the second year in a row, said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA.
  • Great Place to Work provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures.

Jeffs' Brands Enters Into Letter of Intent with a Pharmaceutical Company to Establish a Joint Venture to Develop and Market a New Product Line

Retrieved on: 
Mardi, novembre 15, 2022
Marketing, FBA, Jeff Brandes, THC, Agitation, Pain, Amazon Marketplace, Autism, Register, Status epilepticus, James v Redcats (Brands) Ltd, Candy, LOI, Letter, CBD, Alzheimer's disease, Health, Form, FBM, Hair, Documentation, Beauty, ASIN, JV, Public expenditure, Tourette syndrome, Dietary supplement, Amazon

Tel Aviv, Israel, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced it has entered into a letter of intent ("LOI") with SciSparc Ltd. ("SciSparc") (Nasdaq: SPRC), a specialty pharmaceutical and food supplements company, to establish a joint venture ("JV") for the development of a new food supplements product line and its online marketing. 

Key Points: 
  • Upon entry into definitive documentation, Jeffs' Brands will be responsible for the online marketing of the products developed by SciSparc as part of the JV.
  • Mr. Oz Adler, the Chairman of the Company, is the Chief Executive Officer of SciSparc and a director of the Company is the Chairman of SciSparc.
  • Jeffs' Brands Ltd is transforming the world of e-commerce by creating and acquiring products and turning them into market leaders, tapping into vast, unrealized growth potential.
  • For more information on Jeffs Brands Ltd, visit https://jeffsbrands.com
    SciSparc Ltd. is a specialty clinical-stage pharmaceutical company led by an experienced team of senior executives and scientists.

SciSparc Enters Into Letter of Intent with an E-commerce Company to Establish a Joint Venture to Market and Develop a New Product Line

Retrieved on: 
Mardi, novembre 15, 2022
FBA, Jeff Brand, THC, Agitation, Pain, TEL, Amazon Marketplace, Autism, Annual report, Central nervous system, Status epilepticus, James v Redcats (Brands) Ltd, Candy, LOI, Letter, CBD, Risk, Alzheimer's disease, Hair, Documentation, Beauty, ASIN, JV, Tourette syndrome, Pharmaceutical industry, Amazon

TEL AVIV, Israel, Nov. 15, 2022 (GLOBE NEWSWIRE) -- SciSparc Ltd. (Nasdaq: SPRC), a specialty, clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system (the “Company” or “SciSparc”), today announced it has entered into a letter of intent ("LOI") with Jeffs' Brands Ltd ("Jeffs' Brands") (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, to establish a joint venture ("JV") for the development of a new food supplements product line and its online marketing. 

Key Points: 
  • The LOI contemplates that the two companies will form a JV in which they each own 50%.
  • Upon entry into definitive documentation, SciSparc will be responsible for the development of the new product line that will be marketed by Jeffs' Brands as part of the JV.
  • Mr. Oz Adler, the Chief Executive Officer of the Company, is the Chairman of Jeffs Brands and the Chairman of the Company is a director of Jeffs Brands.
  • SciSparc Ltd. is a specialty clinical-stage pharmaceutical company led by an experienced team of senior executives and scientists.