Yoshitsu Co., Ltd Announces the Grand Opening of its New Retail Store in Hong Kong on October 20, 2022

Tokyo Japan, October 20, 2022 (GLOBE NEWSWIRE) — Yoshitsu Co., Ltd. (“Yoshitsu” or the “Company”) (Nasdaq: TKLF), a Japanese retailer and wholesaler of health and beauty products, as well as miscellaneous and other products in Japantoday announced the grand opening of its new retail store (the “Store”) in Hong Kong in October 20, 2022. The Store is located in Unit 29, city ​​link square1 Shatin Station Circuit, Shatin, New Territories, Hong Kongone of the largest shopping malls in Shatin District. Opening hours are from 11 a.m. to 8 p.m. on Monday – Thursday and 12 p.m. to 9 p.m. on Friday – Sunday.

city ​​link square it is located above the Shatin railway station, providing a convenient location for the local community to enjoy the company’s diverse collection of brands. The store features a wide variety of products, including cosmetics, skin care products, fragrances, cosmetic applicators, and body care products. In addition, the Store has convenient customer services to help customers discover the latest trends, new collections and seasonal products.

Mr. Mei Kanayama, CEO of Yoshitsu Co., Ltd, commented, “We are excited to serve our customers in Shatin and provide them with valuable products and services. We hope to help customers explore various Japanese brands among beauty products and miscellaneous products. In addition, we will continue to provide personalized support services to meet the needs of the Shatin community we serve. The Citylink Store It is one of the new stores that we hope to open this year. We look forward to continuing our expansion efforts in the future, strengthening our store network and increasing our brand awareness.”

About Yoshitsu Co.,Ltd

Based in Tokyo Japan, Yoshitsu Co., Ltd. is a retailer and wholesaler of Japanese beauty and health products, as well as sundries and other products. The Company offers various beauty products (including cosmetics, skin care, fragrances, and body care products), health products (including over-the-counter drugs, nutritional supplements, and medical supplies and devices), miscellaneous products (including household items), and other products (including food and alcoholic beverages). Currently, the Company sells its products through directly operated physical stores, through online stores and through franchised stores and wholesale customers. For more information, visit the Company’s website at https://www.ystbek.co.jp/irlibrary/.

Forward-looking statements

All statements other than statements of historical fact in this news 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, commercial strategy. and financial needs. In addition, there is uncertainty about the further spread of the COVID-19 virus or the occurrence of another wave of cases and the impact it may have on the Company’s operations, demand for the Company’s products, global supply chains and the economic activity in general. Investors may identify these forward-looking statements by words or phrases such as “may,” “will,” “expects,” “anticipates,” “aims,” ​​”estimates,” “intends,” “plans,” “believes,” “potential.” ”, “continue”, “is likely to” or other similar expressions. The Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as 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 prove to be correct, and the Company cautions investors that actual results may differ materially from 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 SECOND.

For more information, contact:
Yoshitsu Co.,Ltd
Investor Relations Department
Email: [email protected]

Ascent Investors Relations LLCtina xiaoPresident
Phone: +1-917-609-0333
Email: [email protected]

• Yoshitsu Co., Ltd.
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