Yoshitsu Co jumps on deal to buy Tokyo Lifestyle

Tokyo Lifestyle Co

22/07/2022 14:35

** Shares of Japan-based Yoshitsu Co Ltd  TKLF.O  up 68.1%
at $2.64
    ** Says it signed a deal with All Seas Global Ltd to
purchase Tokyo Lifestyle Ltd  urn:newsml:reuters.com:*:nGNX2GN6QQ
    ** Tokyo Lifestyle is a co principally engaged in import and
retail of Japanese beauty and cosmetic products in Hong Kong
    ** Adds the deal will help TKLF to boost expansion in
Southeast Asia market
    ** As of last close, stock down ~95% since IPO in January 

    

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))