Yoshitsu Co., Ltd Entered into US$2.75 Million Strategic Loan with Best Life Technology Limited

TOKYO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Yoshitsu Co., Ltd ("Yoshitsu" or the "Company") (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, as well as other products in Hong Kong, Japan, North America, and the United Kingdom, today announced that its Hong Kong subsidiary, Tokyo Lifestyle Limited (“TLS”), entered into a US$2.75 million loan agreement (the “Agreement”) on July 10, 2024 with a wholly-owned subsidiary of Tasly (International) Healthcare Investment & Development Company Limited (“Tasly”), a pharmaceutical conglomerate based in China, to support TLS’s future growth and development.

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