The parent company of Japanese boutique STUDIOUS will close the stores in China that are “struggling to recover performance”

11月 17, 2022

On November 16, STUDIOUS, the parent company of Japanese Select Shop and TOKYO BASE, announced that it will close some of the stores operated by its Chinese company TOKYO BASE International Trading (Shanghai) Co.
TOKYO BASE has 24 stores in China, including Select Shop STUDIOUS, Self-owned United Tokyo and Public Tokyo. The company has not disclosed details such as the closure number.
TOKYO BASE said that since opening its first Chinese store in Xintiandi, Shanghai in August 2019, the group has continued its efforts in the Chinese market, but due to the impact of the pandemic control, …