NAGOYA, Japan--(BUSINESS WIRE)--#2ndstreet--2nd STREET USA, Inc. a subsidiary of GEO Holdings (TOKYO:2681), will open 2nd STREET Dumbo, its first store in Brooklyn, New York, on January 14, 2023.

2nd STREET USA, Inc. buys and sells used clothing and accessories. After opening its first store in Melrose, California (in Los Angeles County) in January of 2018, it has expanded to twenty different locations. 2nd STREET Dumbo will be the twenty-first location in the United States.

2nd STREET Dumbo will carry approximately 10,000 items for reuse, including men�s and women�s clothing, handbags, shoes, and accessories. Those items will include selections from Japanese designer brands as well as internationally popular luxury brands. The array of items will include selections from designer brands and boutiques in the United States and Europe as well.

Dumbo, where this shop is opening, is located in Brooklyn, New York, and is visited by many tourists as a scenic spot near the famous Brooklyn Bridge and Manhattan Bridge. It is a popular spot with a lineup of apparel shops, as well as trendy cafes and restaurants.

The shop will open along Front Street. The surrounding area includes not only cafes and restaurants, but also various shops such as home improvement and sporting goods stores.

2nd STREET USA will continue to open new stores and expand in the United States.

About 2nd STREET Dumbo:

Address: 70 Front St Brooklyn, New York, 11201

Hours of Operation: 11:00-20:00/year-round (local time)

Floorspace: Just over 2,277 square feet

Products Available: A total of approximately 10,000 items, including clothing, handbags, shoes, and accessories.

2nd STREET USA, Inc.

Address: 1679 S. Dupont Hwy., Suite 100, Dover, Delaware 19901

Capitalization: USD3,000,000

Date of Establishment: November 19th, 2015

Director: Masahiro Kikuchi

Business Description: Reuse sales within the United States

2ND STREET USA, Inc., URLs

Shop https://2ndstreetusa.com/
EC https://ec.2ndstreetusa.com/
Instagram https://www.instagram.com/2ndstreetusa/
Facebook https://www.facebook.com/2ndstreetusa/
Twitter https://twitter.com/2ndstreetusa

GEO Holdings

GEO Holdings is a retail business, listed in the Prime Market of the Tokyo Stock Exchange, with 300 billion yen in annual turnover. It manages more than 2,000 shops and EC stores in a wide variety of business formats, including GEO Shops that sell and rent DVDs, CDs, as well as buys and sells video games, 2ND STREET shops that handle the purchase and sales of a comprehensive selection of used clothing, furniture, and appliances, as well as bargain shops and discount stationery stores. GEO Holdings began expanding 2nd STREET outside of Japan in January of 2018, opening shops first in the United States and then in Malaysia and Taiwan.

See http://www.geonet.co.jp/english/ for more information.

The original source-language text of this announcement is the official, authoritative version. Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect.

Contacts

Direct media inquiries to

Wakasa Mizuno

[email protected]
Tia Vanlandingham

[email protected]
(646) 460-3026

9am-6pm EST