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Adastria Co.,Ltd. ( (JP:2685) ) has provided an announcement.
Adastria Co., Ltd. has announced the establishment of a wholly owned subsidiary, New Adastria, as part of its transition to a holding company structure. This strategic move, effective September 1, 2025, aims to enhance operational clarity and independence among its group companies, facilitating growth strategies and expanding service categories. The transition will also involve a change in the company’s trade name to and ST HD Co., Ltd., subject to shareholder approval.
More about Adastria Co.,Ltd.
Adastria Co., Ltd. operates in the fashion retail industry, focusing on e-commerce and multi-brand physical stores. The company aims to expand its platform business, global business, and brand retail business, leveraging its membership base and pursuing international growth and M&A opportunities.
YTD Price Performance: -9.45%
Technical Sentiment Signal: Strong Buy
Current Market Cap: €845.3M
See more insights into 2685 stock on TipRanks’ Stock Analysis page.