Tokyo Lifestyle Co., Ltd. Announces the Opening of a New Reiwatakiya Franchise Store in Bangkok, Thailand
Tokyo Lifestyle (Nasdaq: TKLF) announced the opening of a new franchise store under its Reiwatakiya brand in Bangkok, Thailand. The store, located at Park Silom, officially opened on February 6, 2025, covering 137 square meters. The company, which operates as a retailer and wholesaler of Japanese beauty, health products, sundry products, luxury products, and electronic products across Hong Kong, Japan, North America, and the United Kingdom, views this expansion as a strategic move to strengthen its presence in Southeast Asia.
Principal Executive Officer Mei Kanayama expressed optimism about the expansion, highlighting Thailand and Southeast Asia as key components of their global growth strategy due to market dynamics and growth potential. The company expects this move to enhance brand recognition and accelerate its presence across the region.
Tokyo Lifestyle (Nasdaq: TKLF) ha annunciato l'apertura di un nuovo negozio in franchising sotto il suo marchio Reiwatakiya a Bangkok, Thailandia. Il negozio, situato a Park Silom, è stato ufficialmente inaugurato il 6 febbraio 2025, coprendo 137 metri quadrati. L'azienda, che opera come rivenditore e grossista di prodotti di bellezza giapponesi, prodotti per la salute, articoli vari, prodotti di lusso e prodotti elettronici in Hong Kong, Giappone, Nord America e Regno Unito, considera questa espansione come una mossa strategica per rafforzare la sua presenza nel sud-est asiatico.
Il Direttore Esecutivo Principale Mei Kanayama ha espresso ottimismo riguardo all'espansione, sottolineando la Thailandia e il sud-est asiatico come componenti chiave della loro strategia di crescita globale grazie alla dinamica di mercato e al potenziale di crescita. L'azienda si aspetta che questa mossa migliori il riconoscimento del marchio e acceleri la sua presenza nella regione.
Tokyo Lifestyle (Nasdaq: TKLF) anunció la apertura de una nueva tienda franquiciada bajo su marca Reiwatakiya en Bangkok, Tailandia. La tienda, ubicada en Park Silom, se inauguró oficialmente el 6 de febrero de 2025, abarcando 137 metros cuadrados. La empresa, que opera como minorista y mayorista de productos de belleza, salud, artículos varios, productos de lujo y productos electrónicos japoneses en Hong Kong, Japón, América del Norte y el Reino Unido, considera esta expansión como un movimiento estratégico para fortalecer su presencia en el sudeste asiático.
El Director Ejecutivo Principal Mei Kanayama expresó optimismo sobre la expansión, destacando a Tailandia y el sudeste asiático como componentes clave de su estrategia de crecimiento global debido a la dinámica del mercado y el potencial de crecimiento. La empresa espera que este movimiento mejore el reconocimiento de la marca y acelere su presencia en la región.
도쿄 라이프스타일 (Nasdaq: TKLF)는 태국 방콕에 있는 레와타키야 브랜드의 새로운 프랜차이즈 매장 개장을 발표했습니다. 이 매장은 파크 실롬에 위치하며, 2025년 2월 6일에 공식 개장하였고, 면적은 137 제곱미터입니다. 이 회사는 홍콩, 일본, 북미 및 영국 전역에서 일본의 뷰티, 건강 제품, 잡화, 고급 제품 및 전자 제품의 소매 및 도매업체로 운영되며, 이 확장을 동남아시아에서의 입지를 강화하기 위한 전략적 조치로 보고 있습니다.
메이 카나야마 최고 경영자는 이 확장에 대한 긍정적인 전망을 표현하며, 시장의 역학과 성장 잠재력 때문에 태국과 동남아시아가 글로벌 성장 전략의 핵심 요소라고 강조했습니다. 이 회사는 이번 조치가 브랜드 인지도를 높이고 지역 내 입지를 가속화할 것으로 기대하고 있습니다.
Tokyo Lifestyle (Nasdaq: TKLF) a annoncé l'ouverture d'un nouveau magasin franchisé sous sa marque Reiwatakiya à Bangkok, en Thaïlande. Le magasin, situé à Park Silom, a été officiellement inauguré le 6 février 2025, couvrant une superficie de 137 mètres carrés. L'entreprise, qui opère en tant que détaillant et grossiste de produits de beauté, de santé, de produits divers, de produits de luxe et de produits électroniques japonais à Hong Kong, au Japon, en Amérique du Nord et au Royaume-Uni, considère cette expansion comme un mouvement stratégique pour renforcer sa présence en Asie du Sud-Est.
Le directeur exécutif principal Mei Kanayama a exprimé son optimisme quant à cette expansion, soulignant que la Thaïlande et l'Asie du Sud-Est sont des éléments clés de leur stratégie de croissance mondiale en raison de la dynamique du marché et du potentiel de croissance. L'entreprise s'attend à ce que ce mouvement améliore la reconnaissance de la marque et accélère sa présence dans la région.
Tokyo Lifestyle (Nasdaq: TKLF) hat die Eröffnung eines neuen Franchise-Stores unter der Marke Reiwatakiya in Bangkok, Thailand, bekannt gegeben. Der Store, der sich im Park Silom befindet, wurde offiziell am 6. Februar 2025 eröffnet und umfasst eine Fläche von 137 Quadratmetern. Das Unternehmen, das als Einzelhändler und Großhändler für japanische Schönheits-, Gesundheitsprodukte, Waren aller Art, Luxusprodukte und Elektronikprodukte in Hongkong, Japan, Nordamerika und dem Vereinigten Königreich tätig ist, sieht diese Expansion als strategischen Schritt zur Stärkung seiner Präsenz in Südostasien.
Die Hauptgeschäftsführerin Mei Kanayama äußerte sich optimistisch über die Expansion und hob Thailand und Südostasien als zentrale Bestandteile ihrer globalen Wachstumsstrategie hervor, aufgrund der Marktdynamik und des Wachstumspotenzials. Das Unternehmen erwartet, dass dieser Schritt die Markenbekanntheit erhöht und seine Präsenz in der Region beschleunigt.
- Geographic expansion into Thailand's market through new franchise store
- Strategic entry into Southeast Asian market with growth potential
- Addition of 137 square meters of retail space
- None.
Tokyo, Japan, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. (“Tokyo Lifestyle” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America and the United Kingdom, today announced the opening of a new franchise store under its proprietary “Reiwatakiya” brand (the “Store”) in Bangkok, Thailand. This expansion is expected to reinforce the Company’s market presence and strengthens its franchise sales network in Southeast Asia.
Located at Park Silom, the Store officially opened on February 6, 2025, spanning 137 square meters. It offers a modern and convenient shopping experience featuring Tokyo Lifestyle’s high-quality products and fashionable, engaging store designs.
Mr. Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle, commented: “Thailand and Southeast Asia are key components of our long-term global expansion strategy due to their significant growth potential and dynamic market environment. We are highly optimistic about our expansion efforts, including existing partnerships and franchise networks. The Park Silom store represents a milestone in extending our market footprint and strengthening brand recognition. Furthermore, we believe our steady and strategic expansion in Thailand will accelerate our presence across Southeast Asia and beyond. Looking ahead, we expect our business to maintain a robust growth trajectory, driven by thoughtful strategic planning and careful execution.”
About Tokyo Lifestyle Co., Ltd.
Headquartered in Tokyo, Japan, Tokyo Lifestyle Co., Ltd. (formerly known as Yoshitsu Co., Ltd) is a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, and other products in Hong Kong, Japan, North America, and the United Kingdom. The Company offers various beauty products (including cosmetics, skincare, fragrance, and body care products), health products (including over-the-counter drugs, nutritional supplements, and medical supplies and devices), sundry products (including home goods), and other products (including food and alcoholic beverages). The Company currently sells its products through directly-operated physical stores, through online stores, and to franchise stores and wholesale customers. For more information, please visit the Company's website at https://www.ystbek.co.jp/irlibrary/.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Tokyo Lifestyle Co., Ltd.
Investor Relations Department
Email: ir@ystbek.co.jp
Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
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