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

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Jeffs' Brands Ltd (Nasdaq: JFBR) announced the launch of 16 new products in the U.S. Amazon stores, focusing on pets and home décor categories. The move aims to capitalize on the upcoming holiday shopping season, where consumer demand increases. CEO Viki Hakmon highlighted that the products were selected based on advanced technology and market research, emphasizing the company's strategy to expand its offerings continually. This initiative marks a significant step in the brand's growth, aligning with trends that resonate with consumer interests during this time of year.

Positive
  • Launch of 16 new products targeting the pets and home décor categories.
  • Strategic expansion of product offerings ahead of the holiday shopping season.
  • Use of advanced technology and market research to select products with high ROI potential.
Negative
  • None.

Using its advanced technology, the Company evaluated new lucrative products and now offers them in its stores

Tel Aviv, Israel, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (the “Company”) (Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, today announced a boost in its brands' products offering, launching new products in time for the holiday season.

The Company strengthens its brands' portfolio with 16 new products, available now at its U.S. Amazon stores. The new products relate to the pets and home décor categories.

"Our goal is to rapidly grow our business by offering attractive products. 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 Company. "In light of the upcoming holidays and global shopping events, November and December are typically busy months in the consumer market. With each month, we keep on expanding our offerings to our customers, following trending sectors and products that we believe would be appealing to our customers."

About Jeffs’ Brands Ltd

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. Through our stellar team’s insight into the FBA Amazon business model, we’re using both human capability and advanced technology to take products to the next level. For more information on Jeffs’ Brands Ltd, visit https://jeffsbrands.com

Forward-Looking Statement Disclaimer

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, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain asssumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we are discussing our plans to rapidly grow our business by offering new products, our ability to identify products with high profitability using our technology, and our expectations regarding the volume of sales during the months of November and December. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to adapt to significant future alterations in Amazon’s policies; our ability to sell our existing products and grow our brands and product offerings, including by acquiring new brands and expanding to FBM; our ability to meet our expectations regarding the revenue growth and the demand for e-commerce; the overall global economic environment; the impact of competition and new e-commerce technologies; general market, political and economic conditions in the countries in which we operate; projected capital expenditures and liquidity; the impact of possible changes in Amazon’s policies and terms of use; and the other risks and uncertainties described in the Registration Statement on Form F-1, as amended, filed with the U.S. Securities and Exchange Commission (the “SEC”) related to our initial public offering and our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Investor Relations Contact:
Michal Efraty
Adi and Michal PR- IR
Investor Relations, Israel
+972-(0)52-3044404
michal@efraty.com


FAQ

What new products did Jeffs' Brands Ltd launch?

Jeffs' Brands Ltd launched 16 new products in the pets and home décor categories.

When was the announcement made regarding new products?

The announcement was made on November 11, 2022.

What is the stock symbol for Jeffs' Brands Ltd?

The stock symbol for Jeffs' Brands Ltd is JFBR.

How does Jeffs' Brands Ltd select its products?

The company uses advanced technology and market research to select products with high ROI potential.

What is the significance of the new product launch for Jeffs' Brands Ltd?

The new product launch aims to enhance sales during the busy holiday shopping season.

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