Jeffs' Brands plans to sell its wholly-owned U.S. subsidiary, Smart Repair Pro, to a public company, in exchange for an equity stake of up to 90% in the acquiring entity post transaction. Tel Aviv, Israel, Oct. 30, 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 today that it has entered into a non-binding letter of intent (“LOI”) for the sale of its subsidiary – Smart Repair ...

Exhibit 99.1 JEFFS' BRANDS LTD UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS | --- | --- | |----------------------------------------------------------------------------------------------------------------------------|-------| | | Page | | Condensed Consolidated Financial Statements as of, and for the six months ended, June 30, 2024 | | | | | | Condensed Consolidated Balance Sheets (unaudited) | 2 | | | | | Condensed Consolidated Statements of Operations (unaudited) | 3 | | | | | Condensed Consolidat ...

Tel Aviv, Israel, Sept. 27, 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 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 accomplishment, announced on September 23, 2024, emphasizes Fort Products' solid performance and growth potential within ...

Tel Aviv, Israel, Sept. 24, 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 today the successful growth of its subsidiary Fort Product Ltd. ("Fort") across Europe following its recent launch of commercialization of its products in multiple territories. Fort's strong performance and positive reviews in the UK have proven instrumental in driving demand for Fort's pest control so ...

Tel Aviv, Israel, Sept. 23, 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 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 rec ...

Core Viewpoint - Jeffs' Brands Ltd is pursuing a strategic partnership in the Gulf States, particularly focusing on pest control products, to capitalize on the growing market demand in the region [2][3][4] Group 1: Company Developments - Jeffs' Brands' subsidiary, Fort Product Ltd, has signed a non-binding Letter of Intent with a partner in Oman to negotiate a commercial agreement for exclusive licensing of pest control products in the Gulf States, excluding Amazon marketplaces [2] - The CEO of Jeffs' Brands emphasized the strategic importance of this partnership to enhance market presence and deliver innovative pest control solutions [3] - The partnership aims to address the increasing demand for effective pest control solutions in the Middle Eastern market, highlighting the Gulf States as a significant growth opportunity [4] Group 2: Market Potential - The Gulf States are identified as a substantial market with significant growth potential for pest control products, making this partnership a key component of Jeffs' Brands' international expansion strategy [4] - The company aims to leverage its management team's expertise in the Amazon FBA business model to enhance product offerings and market leadership [3]

Tel Aviv, Israel, July 02, 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 today that its wholly-owned subsidiary Fort Product Ltd. ("Fort") entered into a non-binding Letter of Intent ("LOI") with a company based in the Sultanate of Oman (the "Partner").This LOI will serve as a base to negotiate entering into a commercial agreement with the Partner, pursuant to which Fort wil ...

Final approval received by tax authorities, allowing Fort to begin marketing its products in Germany Tel Aviv, Israel, May 22, 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 additional progress to the expansion of its pest control solutions brand, the Fort Brand ("Fort"). Fort received the final approvals necessary from regulatory tax authorities, to begin marketing and selli ...

The Company's data-driven approach and commitment to innovation continues to drive its growth and expansion into new markets. Final approval received by tax authorities, allowing Fort to begin marketing its products in Germany Tel Aviv, Israel, May 22, 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 additional progress to the expansion of its pest control solutions brand, the ...

Core Viewpoint - Jeffs' Brands Ltd is pursuing a potential acquisition of a logistics center in New Jersey to enhance its supply chain capabilities and support ongoing growth [1][2]. Group 1: Acquisition Details - The memorandum of understanding (MOU) involves acquiring a 100,000-square-foot facility with 20 loading docks [1]. - The logistics center is strategically located near the second largest port in the U.S. and close to Newark and JFK Airports, facilitating efficient transport and logistics operations [2]. Group 2: Strategic Benefits - Enhanced Efficiency: The logistics center will streamline operations by providing ample space for inventory management and order processing, crucial for the company's e-commerce businesses [3]. - Optimized Location: Proximity to major transportation hubs will allow for quicker turnaround times for shipments, reducing logistical hurdles [3]. - Capacity Expansion: The facility's 20 loading docks will enable the company to handle large volumes of container and truck loading and unloading, meeting increasing customer demand effectively [4]. Group 3: Company Overview - Jeffs' Brands aims to transform e-commerce by creating and acquiring products, leveraging insights into the FBA Amazon business model to unlock growth potential [5].