Jack & Japhet Reorganizes Strategy to Survive Pandemic

MANILA, Philippines –– Jack & Japhet announced today that it has entered into agreements with lenders and stockholders are back on their drawing board for major replanning to cue to sustain during the downturn of the pandemic era.   Significant suppliers and investors are in high hopes of restructuring and reorganization to establish long-term growth and profitability amid the COVID-19 crisis. The company has 6 experience in the retail industry is quite hard for the pandemic to erase.

The reorganized strategy involves, debt restructure or fulfilling remaining obligations; continuing indent and distribution services for groceries which had been the power base of the company; entering into foreign partnerships; and establishing support from prospective European investors.  The global European Chamber of Commerce (GECC)  has already been notified and had expressed full support. RPConnect initiated inviting investors.

Jack and Japhet is positive that these strategies will help the company maintain its operations and visibility in the trade and distributions market.

“We acknowledge the downtime that the pandemic has brought us. The pandemic affected the whole world and we count on our experience in the industry.  And with our key partners and stakeholders behind us in the industry, a new breakthrough to open more opportunities to serve our customers and partner with international suppliers is within reach. We never give up and are always grateful to our partners for their support in these trying times.

We believe that Jack and Japhet will emerge stronger to serve more and do more for the global market,” said  Noubikko, CEO of RPConnect who is squarely behind Jack and Japhet.

Jack and Japhet, started as a sourcing company into a full-blown product supplier.
Its contacts are its asset and its experience is its equity.