SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Horowitz Joel J (Last) (First) (Middle) C/O GLOBAL BRANDS ACQUISITION CORP. 11 WEST 42ND STREET, 21ST FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 12/06/2007	3. Issuer Name and Ticker or Trading Symbol Global Brands Acquisition Corp. [ GQN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) CEO, Treasurer	5. If Amendment, Date of Original Filed (Month/Day/Year) 12/06/2007
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock ( 1 )	7,062,500	I	By JLJ Partners, LLC ( 2 )

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants ( 1 )	( 3 )	12/05/2012	Common Stock	7,062,500	7	I	By JLJ Partners, LLC ( 2 )
Warrants ( 4 )	( 5 )	12/05/2012	Common Stock	5,000,000	7	I	By JLJ Partners, LLC ( 2 )

1. Name and Address of Reporting Person* Horowitz Joel J (Last) (First) (Middle) C/O GLOBAL BRANDS ACQUISITION CORP. 11 WEST 42ND STREET, 21ST FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip)

1. Name and Address of Reporting Person* JLJ Partners, LLC (Last) (First) (Middle) 11 WEST 42ND STREET, 21ST FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip)

Explanation of Responses:

1. These securities are included in units, each unit consisting of one share of common stock and one warrant each to purchase one share of common stock. Includes up to 937,500 units that are subject to forfeiture to the extent that the underwriters' over-allotment option in the Issuer's initial public offering is not exercised in full or expires unexercised.

2. The reporting person is approximately a 1/3 beneficial owner of JLJ Partners, LLC through entities of which he or his family members are owners and beneficiaries. The reporting person disclaims beneficial ownership of the securities held by JLJ Partners, LLC except to the extent of his ultimate pecuniary interest in such securities.

3. The warrants will become exercisable after the consummation of the Issuer's initial business combination if and when the last sales price of the Issuer's common stock exceeds $14.25 per share for any 20 trading days within any 30-trading day period beginning 90 days after the Issuer's initial business combination.

4. These warrants will be purchased by JLJ Partners, LLC simultaneously with the consummation of the Issuer's initial public offering.

5. The warrants will become exercisable on the later of the completion of the Issuer's initial business combination and December 6, 2008.

Remarks:

	/s/ Joel J. Horowitz	12/06/2007
	/s/ JLJ Partners, LLC	12/06/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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