Yoshitsu Co., Ltd Announces Strategic Alliance With CROSSING INC To Expand Sales Network In The U.S.
Portfolio Pulse from Benzinga Newsdesk
Japanese retailer Yoshitsu Co., Ltd (NASDAQ:TKLF) has announced a strategic alliance with CROSSING INC, a collectible card retailer and live-streaming distributor. The exclusive contract allows CROSSING to procure Yoshitsu's products and distribute them through its sales channels, including live-streaming ecommerce channels and online shops. This alliance is a significant step in Yoshitsu's strategy to expand sales in the U.S. market.
September 20, 2023 | 12:07 pm
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Yoshitsu's strategic alliance with CROSSING INC is expected to boost its sales in the U.S. market by leveraging CROSSING's online sales channels.
The alliance with CROSSING INC allows Yoshitsu to expand its sales network in the U.S. market. This is likely to increase Yoshitsu's sales and potentially its stock price in the short term.
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