Yosen Trading Company, the US subsidiary of China’s Yosen Group, has signed a five-year lease in preparation for the opening of its first store in New York City.
The store location is in Flushing, New York, and occupies an area of approximately 10,000 square feet.
Yosen Trading reportedly has the right of first refusal to buy out the leased property.
The New York City store will be the company’s flagship store for its newly launched international trade and wholesale businesses in the tile, kitchen cabinet, granite and marble products sectors.
The store is undergoing renovation and will be ready to open in late February, according to the company.
The Yosen Group, Inc. is a wholesale distributor and retailer of ’3C’ merchandise: computers, communication products and consumer electronics.
The company – headquartered in Hangzhou, Zhejiang Province – specializes in wholesale distribution and retail sales of 3C products in Eastern China and operates under the Yosen and Wang Da brand names.
Source: Global Trade Mag