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Stock impact report

With Demand For Japanese Beauty Products Growing, Yoshitsu Sets Its Sights On The US, Gears Up For More Brick-And-Mortar Expansion [Yahoo! Finance]

Yoshitsu Co., Ltd - American Depositary Shares (TKLF) 
Company Research Source: Yahoo! Finance
a class of products with a reputation in the marketplace for being high-quality, effective and long-lasting. These beauty products also offer consumers a minimalist approach to skincare instead of a multi-step, complicated morning and bedtime routine. It is something consumers are increasingly embracing. Endorsements from social media influencers and celebrities are also helping drive demand for Japanese-based beauty products in the U.S. and beyond. As of 2022, the global J-beauty products market size was valued at $33.11 billion and is projected to grow at a CAGR of 3.9% from 2023 through 2030. That strong demand for J-beauty products is an opportunity for Japanese health and beauty companies including Yoshitsu Co., Ltd. (NASDAQ: TKLF). The company makes and sells beauty, health and household products to consumers and businesses, operating physical and online stores in Japan, Hong Kong, China and Korea. Yoshitsu also operates franchise stores in the U.S., Canada and the U.K. and Show less Read more
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