Jeffs' Brands Signs Exclusive Distribution Agreement for the sale of Innovative Biotech-Beauty Hair Products on Amazon
12 December 2023 - 12:18AM
Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR,
JFBRW), a data-driven e-commerce company operating on the Amazon
Marketplace, announces its latest market expansion through an
exclusive distribution agreement with Bolly Jon Ltd. ("Bolly Jon"),
a biotech-beauty hair care product brand. This partnership
introduces the distribution of a revolutionary line of hair
products based on stem cell technology via the Amazon Marketplace
by Jeffs’ Brands.
Pursuant to the distribution agreement, Jeffs' Brants will have
exclusive rights to sell and distribute on the Amazon Marketplace
the hair products offered by Bolly Jon, for a period of
approximately five years. Bolly Jon, known for its innovative
approach to hair care, utilizes the power of stem cell technology
to offer a unique range of products. The partnership with Jeffs'
Brands will bring these cutting-edge products, including shampoos,
hair masks, and serums, to a global audience via Amazon.
The products, produced in a special lab in Italy, combine plant
stem cells from the Centella plant and a powerful Plex component.
The combination of the two components with precise molecular
composition allows the product to penetrate hair fibers to nourish
and strengthen the hair from root to tip, while moisturizing the
base of the hair, resulting in healthy looking hair that is soft
and velvety to the touch.
"This partnership with Bolly Jon is a milestone in our journey,"
states Viki Hakmon, CEO of Jeffs' Brands. “By introducing these
advanced biotech-beauty hair products to Amazon, we are not just
expanding our portfolio but also providing our customers with
access to the future of hair care."
About Jeffs’ Brands Ltd
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
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 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 the expansion of Jeffs'
Brands' portfolio to the hair care sector and the introduction of
advance biotech-beauty hair products to Amazon.
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; and the
other risks and uncertainties described in the Company’s Annual
Report on Form 20-F for the year ended December 31, 2022, filed
with the U.S. Securities and Exchange Commission (“SEC”), on April
10, 2023 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,
Israel+972-(0)52-3044404michal@efraty.com
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