Tokyo Lifestyle Co., Ltd. Opens Third Australian Store at Westfield Chatswood, Advancing Its Retail Expansion
Key Highlights
- ➤Third Australian store opens at Westfield Chatswood, expanding Sydney retail network
- ➤Five-year lease marks Tokyo Lifestyle’s long-term Australian market commitment
- ➤Fiscal 2026 physical-store revenue increased 15.7% year over year
- ➤International revenue reached 47.1% of fiscal 2026 total, up from 29.5%
- ➤Tokyo Lifestyle plans further directly operated-network expansion, subject to market conditions
Expert Statements
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“The opening of our third directly operated store in Australia marks another important milestone in our international expansion strategy.”
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“Since entering the Sydney market in late 2025, we have continued to broaden our retail presence across different commercial districts, reflecting our confidence in the long-term potential of the Australian market.”
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“Our first entry into a Westfield shopping center in Australia represents a significant step forward, providing an opportunity to strengthen our brand visibility and connect with a broader consumer base.”
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“The five-year lease further underscores our commitment to establishing a sustainable and long-term presence in the market.”
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“We believe Australia’s established retail infrastructure, diverse consumer base, and keen interest in distinctive Japanese and Korean lifestyle products provide a solid foundation for our continued development.”
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“By strategically positioning our stores across Chinatown, community-oriented retail areas, and major shopping destinations, we aim to improve customer accessibility and deepen our understanding of local consumer preferences.”
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“Looking ahead, we remain confident in the opportunities presented by the Australian market and plan to explore further expansion of our directly operated networks, subject to market conditions and our business priorities.”
Mei Kanayama, Principal Executive Officer of Tokyo Lifestyle Co., Ltd.
“We will continue to strengthen our international retail footprint, enhance our omnichannel capabilities, and bring our curated selection of Japanese and Korean lifestyle products to more consumers worldwide, while pursuing sustainable growth and long-term value creation for our shareholders.”
Tokyo, Japan, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Tokyo Lifestyle Co., Ltd. (“Tokyo Lifestyle” or the “Company”) (Nasdaq: TKLF), a retailer and wholesaler of Japanese beauty and health products, sundry products, luxury products, electronic products, collectible cards, trendy toys as well as other products in Hong Kong, Japan, North America, Thailand, Vietnam, the United Kingdom and Australia, today announced the grand opening of its third directly operated retail store (the “Store”) in Australia under its proprietary “Tokyo Lifestyle” brand on October 17, 2026. Located at Westfield Chatswood in Sydney’s Lower North Shore, the new store marks another milestone in the Company’s physical retail footprint and strengthens its presence in the Australian market.
Situated within Westfield Chatswood, a major shopping center in Sydney’s Chatswood suburb, the Store benefits from convenient access to Chatswood train station, a major bus interchange, and the Pacific Highway. The surrounding trade area encompasses a population of more than 601,000, supplemented by a substantial local workforce.
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