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Adastria Co., Ltd. Reports Strong March Sales and Expands Through Merger

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Adastria Co., Ltd. Reports Strong March Sales and Expands Through Merger

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The latest announcement is out from Adastria Co.,Ltd. ( (JP:2685) ).

Adastria Co., Ltd. reported strong sales figures for March, with all store sales reaching 107.4% and same store sales at 104.1% compared to the previous year. The increase was driven by favorable weather conditions and a successful membership campaign. The merger with TODAY’S SPECIAL Co., Ltd. has expanded Adastria’s store count, enhancing its market position and providing more opportunities for growth.

More about Adastria Co.,Ltd.

Adastria Co., Ltd. operates in the retail industry, focusing on fashion and lifestyle products. The company is known for its diverse range of brands, including GLOBAL WORK, niko and …, LEPSIM, and BAYFLOW, and it offers both clothing and household goods. Adastria is expanding its market presence through mergers and a strong online sales strategy.

YTD Price Performance: -14.40%

Technical Sentiment Signal: Buy

Current Market Cap: €796.5M

For a thorough assessment of 2685 stock, go to TipRanks’ Stock Analysis page.

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