The business is also closing its U.S. website in order to focus on Japan and the Asia market.
The retailer, which has three stores and an e-commerce platform in the U.S., announced Wednesday that it has made the strategic decision to focus on
“The Atmos brand has a unique and authentic identity, character and spirit. Given the strength of Atmos in Japan and Asia, we are focused on further investing in this market. Though in line with this focus and our plans for simplification, we have made the strategic decision to close our three Atmos stores in North America and our Atmos U.S. website,” said Atmos senior vice president and general manager Patrick Walsh in a statement.
. One pillar was to focus on optimizing its fleet and unique store banners. The retailer said Atmos would serve as a ground for innovation while being rooted in Japanese culture.Inc. announced a sales decline of 9.9 percent and a loss of $5 million for the second quarter. to pick business back up with its turnaround strategy. “Now we really have the right team, and the plans in place to return our company to sustainable long-term profitable growth,” Dillon told WWD sister publication FN.
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