Tokyo Lifestyle (TKLF) Plans Sydney Expansion

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) is one of the 13 Best Japanese Stocks to Buy According to Hedge Funds. On June 26, Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) reported that it has incorporated a new subsidiary in Australia. The company announced plans to open a directly operated store under its own “Tokyo Lifestyle” brand in Sydney in November 2025.

This is a strategic move by Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) as it focuses on expanding its international footprint and strengthening its sales network in the Oceania region.

Tokyo Lifestyle (TKLF) Plans Sydney Expansion

A smiling customer carrying bags of items from the company’s wholesale section.

The new store will be run by TOKYO LIFESTYLE PTY LTD, which is a new Australian subsidiary that is 51% owned by TOKYO LIFESTYLE LIMITED, a wholly-owned Hong Kong subsidiary of Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF). The Store will be located at Dixon Street, Haymarket, Sydney. This area is at the heart of Sydney’s Chinatown, a busy and well-known place that attracts many tourists and locals.

By opening the store in such a location, Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) expects to make its brand more visible in the region and to accelerate its market penetration in Australia.

Tokyo Lifestyle Co., Ltd. (NASDAQ:TKLF) is a Japanese company that is engaged in the retail and wholesale of Japanese beauty and health products, sundry products, luxury products, electronic products, collectible cards, trending products, and other products in Hong Kong, Japan, North America, Thailand, and the United Kingdom.

While we acknowledge the potential of TKLF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TKLF and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.