ToughBuilt Announces Launch of Amazon Germany, France, Spain and Italy Storefronts as Part of Global E-Commerce Expansion
Toughbuilt Industries, Inc Units (TBLTU)
Company Research
Source: GlobeNewswire
LAKE FOREST, Calif., Aug. 22, 2019 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTU; TBLTW), a leading designer, manufacturer and distributor of innovative tools and accessories for the building industry, today announced the launch of its Amazon Germany, France, Spain and Italy storefronts, as part of the Company’s global e-commerce initiative currently expanding across the North American, South American, and European continents. This internet-based expansion complements the Company’s “big box” retail strategy in North America and Europe by providing access to a much larger and more globally diverse audience of construction industry participants as well as do-it-yourselfers. This is expansion, in the works for the past few quarters, has been greatly enhanced by the Company’s recent consummation of an $11.5 million gross amount secured note financing earlier this week. Michael Panosian, Chief Executive Officer of ToughBuilt, commented, “As previou
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