Jeff Brandes

Jeffs’ Brands Commences Sales of Its New Product Line Targeting The Bedbug Outbreak in France

Retrieved on:

Vendredi, novembre 3, 2023

Jeff Brandes, Paris Olympics, Incidence, Paris, ANSES, Amazon Marketplace, Tourism

Tel Aviv, Israel, Nov. 03, 2023 (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 that its brand of pest control solutions sold under the Fort Brand has launched its new product line targeting bedbug pest control on the Amazon Marketplace in France.

Key Points:

The incidence of bedbug infestations in France has been increasing over the past few months, leading to a greater allocation of resources to address the issue, with the 2024 Paris Olympics games coming up in the summer of 2024.
According to ANSES, the French health and safety agency, more than one in ten households in France reported bedbug infestations between the years 2017 and 2022.
This rising concern extends to various settings, including hotel rooms, trains, and private residences, generating a growing demand for effective bedbug pest control solutions.
Our latest product line addresses a growing issue in our recently established market, France.

SciSparc completes the sale of a 49% interest in its Subsidiary that owns Wellution for $3 million

Retrieved on:

Mardi, mars 28, 2023

Hair, Central nervous system, Brand, Sale, Subsidiary, TEL, Candy, Beauty, Amazon (company), ASIN, Jeff Brandes, Price adjustment, Security (finance), Amazon

TEL AVIV, Israel, March 28, 2023 (GLOBE NEWSWIRE) -- SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, today announced the closing of the definitive agreements for the sale of approximately a 49% equity interest in its wholly owned subsidiary, SciSparc Nutraceuticals Inc. (the “Subsidiary”), which owns WellutionTM, a top-selling Amazon.com Marketplace brand, to Jeffs’ Brands Holdings Inc., a wholly-owned subsidiary of Jeffs' Brands Ltd. ("Jeffs' Brands")(Nasdaq: JFBR), a data-driven e-commerce company operating on Amazon, for $2.5 million in cash and additional deferred cash payments of approximately $489,330 accounting for price adjustments related to inventory and working capital, which will be paid in five equal monthly installments beginning in May 2023 (the “Price Adjustment”), pursuant to the stock purchase agreement dated February 23, 2023 by and between Jeffs’ Brands, Jeffs’ Brands Holdings Inc. and SciSparc. As collateral for the payment in full of the Price Adjustment, SciSparc will hold back such number of shares of common stock of its Subsidiary, equal to the outstanding due amount of the Price Adjustment.

Key Points:

Upon the closing which occurred on March 22, 2023, the purchase price was adjusted from $2.5 million and increased to approximately $3 million.
As collateral for the payment in full of the Price Adjustment, SciSparc will hold back such number of shares of common stock of its Subsidiary, equal to the outstanding due amount of the Price Adjustment.
In addition, in connection with the closing, SciSparc and Jeffs’ Brands, will undertake a mutual share exchange in the amount of $288,238 of ordinary shares from each of SciSparc and Jeffs’ Brands.
The Chairman of the Company, Mr. Amitay Weiss, and Mr. Moshe Revach are members of the board of directors of both SciSparc and Jeffs' Brands.

Jeffs' Brands Entered Into Non-Binding Letter of Intent with SuperBuzz for Developing ChatGPT and AI-Based Software for Amazon‘s Advertisement Platform

Retrieved on:

Mercredi, février 22, 2023

Marketing, Amazon Marketplace, Software as a service, Artificial intelligence, Software, Jeff Brandes, AI, ChatGPT, LOI, Sales, Amazon

Tel Aviv, Israel, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company” or "Jeffs' Brands") (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 (the “LOI”) in order to establish a collaboration with SuperBuzz Inc. (“SuperBuzz”), an artificial intelligence (AI) company specializing in marketing technology.

Key Points:

Jeffs’ Brands will allow SuperBuzz access to its Amazon platforms and brands, while SuperBuzz will provide Jeffs’ Brands with a limited license to use its AI technologies.
Viki Hakmon, Chief Executive Officer of Jeffs' Brands, said "We are excited to be partnering with SuperBuzz to take our marketing efforts on Amazon to the next level.
SuperBuzz has SaaS platform, which applies natural language processing to automate content creation and drive traffic.
The SuperBuzz algorithm was designed by a group of machine learning pioneers committed to improving online marketing.

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.

SciSparc Enters Into Non-Binding Letter of Intent to Sell a 50% interest in its Subsidiary that Owns an Amazon Top Seller Brand

Retrieved on:

Mercredi, décembre 14, 2022

The sale is subject to the negotiation and the execution of a binding definitive agreement.

Key Points:

The sale is subject to the negotiation and the execution of a binding definitive agreement.
There can be no assurances that the sale will proceed, nor can there be any assurance as to the final definitive terms thereof, including form of consideration.
SciSparc Ltd. is a specialty clinical-stage pharmaceutical company led by an experienced team of senior executives and scientists.
In total, the brand has over 40,000 product reviews, most of which are 4 and 5-star reviews.

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.

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.

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

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.

Medigus: Jeffs' Brands Reinforces its Brands for the Holiday Season with Potential High Profitability Products

Retrieved on:

Vendredi, novembre 11, 2022

Jeffs, Holiday, Jeff Brandes, FBA, Amazon Marketplace, Ownership, Private Securities Litigation Reform Act, Robotics, ROI, Digital, MDGS, GLOBE, Technology, Solution, SEC, PETS, James v Redcats (Brands) Ltd, Industry, Online shopping

Tel Aviv, Israel, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today that Jeffs' Brands Ltd. ("Jeffs' Brands" owned 35.27% by Medigus), a data-driven E-commerce company operating on the Amazon Marketplace, has boosted its brands' products offering, launching new products in time for the holidays season.

Key Points:

Jeffs' Brands strengthens its brands' portfolio with 16 new products, available now at its US Amazon stores.
The new products we launches were chosen after meticulous screening using our technology, market research and revenues and return on investment ROI potential," said Viki Hakmon, Chief Executive Officer of the Jeffs' Brands. "
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.
Through Jeffs' Brands stellar teams insight into the FBA Amazon business model, Jeffs' Brands is using both human capability and advanced technology to take products to the next level.

Medigus: Jeffs' Brands to Expand Sales Beyond Amazon.com into New Leading E-commerce Platforms

Retrieved on:

Mardi, novembre 8, 2022

Jeffs' Brands entered into an agreement with a U.S. based storage and logistics center intended to support the Jeffs' Brands' plans to sell its products directly and launch new E-commerce platforms.

Key Points:

Jeffs' Brands entered into an agreement with a U.S. based storage and logistics center intended to support the Jeffs' Brands' plans to sell its products directly and launch new E-commerce platforms.
Jeffs' Brands intends to offer Fulfillment by Merchant (FBM) services as Amazon continues limiting Fulfillment by Amazon (FBA) based inventory and service activities.
The center offers an aggregate of 100,000 square feet with 20 loading docks for loading and unloading container and trucks.
The center handles supply chain, inventory and order processing as well as shipping directly to end- customers.