Jeffs’ Brands: Fort Products Recognized by Amazon UK as a Key Account, Eligible for the Top Seller Program
23 September 2024 - 1:45PM
Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR,
JFBRW), a data-driven e-commerce company operating on the Amazon
Marketplace, announced today that its subsidiary, Fort Products
(“Fort”), has been classified as a Key Account, granting
eligibility for the prestigious Amazon Top Seller Program (the “Top
Seller Program”). This achievement underscores Fort Products’ solid
performance and growth potential within Amazon's marketplace.
The recognition is based on Fort Products' robust sales
performance and its organic visibility score. By optimizing product
listings and enhancing marketing efforts, the Company expects to
capitalize on the potential sales uplift opportunities identified
across different business areas.
"Our team at Jeffs' Brands is incredibly proud of this
milestone," said Viki Hakmon, CEO of Jeffs' Brands. "Fort Products'
success on Amazon is a testament to our strategic approach to
scaling brands, and we hope that the recognition as a Key Account
will allow us to further accelerate our growth through Amazon’s
powerful sales platform. We look forward to leveraging the tools
and support available through the Top Seller Program to take Fort
Products to new heights."
Jeffs' Brands is committed to taking full advantage of these
growth opportunities and expects Fort Products to achieve even
greater success through enhanced visibility, sales acceleration
strategies, and performance-driven tactics.
The Company plans to engage closely with Amazon’s dedicated
support team to explore areas for further optimization, including
maximizing visibility and improving product rankings. This effort
aligns with Jeffs' Brands’ long-term goal of expanding its market
presence and continuing to deliver value for shareholders.
About Jeffs’ Brands Ltd
Jeffs' Brands aims to transform the world of e-commerce by
creating and acquiring products and turning them into market
leaders, tapping into vast, unrealized growth potential. Through
the Company’s management team’s insight into the FBA Amazon
business model, it aims to use 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 assumptions 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 discussing our potential and future
growth by being eligible for the Top Seller Program.
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; 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; the
impact of the conditions in Israel, including the recent attacks by
Hamas, Iran, and other terrorist organizations; and the other risks
and uncertainties described in the Company’s Annual Report on Form
20-F for the year ended December 31, 2023, filed with the U.S.
Securities and Exchange Commission (“SEC”), on April 1, 2024 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 EfratyAdi and Michal PR- IRInvestor Relations,
Israelmichal@efraty.com
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