Jeffs’ Brands Supports Fort’s Growth By Leasing a New Warehouse of Over 10,000 square feet in the UK
Jeffs' Brands Ltd (JFBR)
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, Aug. 08, 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, is pleased to announce that its wholly-owned subsidiary Fort Product Ltd. (“Fort”) has signed a lease agreement for a new warehouse in England. This strategic move is designed to support Fort’s growth and manage the increased inventory following the transfer of production to China. The newly rented warehouse, located in Newhaven, East Sussex England, spans over a total area of 10,638 square feet (988.3 square meters) and will be used primarily for storage and distribution of Fort’s pest control products. The annual rent for the warehouse amounts to £52,000. Viki Hakmon, Jeffs’ Brands’ CEO, stated, “We are excited to take this important step in our expansion strategy. The new warehouse will enable us to better serve our growing customer base in the UK and Europe by relying less on extern
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News
- Jeff’s’ Brands Initiates Strategic Plan by Entering into a Non-Binding Letter of Intent to Sell Subsidiary to a U.S. Public Company at a valuation of approximately $13.125 millionGlobeNewswire
- Jeffs' Brands Enters Into a Non-Binding Letter of Intent for the Sale of its U.S. Subsidiary to a U.S. Public Company, at a valuation of approximately $13.125 million [Yahoo! Finance]Yahoo! Finance
- Jeffs' Brands Enters Into a Non-Binding Letter of Intent for the Sale of its U.S. Subsidiary to a U.S. Public Company, at a valuation of approximately $13.125 millionGlobeNewswire
- Jeffs' Brands Receives NASDAQ Minimum Bid Price Requirement Extension [Yahoo! Finance]Yahoo! Finance
- Jeffs’ Brands Receives NASDAQ Minimum Bid Price Requirement ExtensionGlobeNewswire
JFBR
Sec Filings
- 11/8/24 - Form 6-K
- 10/25/24 - Form 6-K
- 10/21/24 - Form SC
- JFBR's page on the SEC website