08:56 AM EDT, 08/12/2024 (MT Newswires) -- Yoshitsu ( TKLF ) said Monday that it has signed two agreements through its Hong Kong unit, Tokyo Lifestyle, with brand marketing agency Grun Group Thailand to establish a network of franchise stores for beauty products in Southeast Asia.

Financial terms of the agreements weren't disclosed.

Yoshitsu ( TKLF ) said it plans to establish 18 franchise stores in Thailand and 15 in Malaysia by 2026 end.

Beauty products will be sold under the "Tokyo Lifestyle" brand, Yoshitsu ( TKLF ) said.

Price: 0.6097, Change: -0.01, Percent Change: -1.18