Nikken, a direct gross sales firm based in Japan in 1975, introduced it can shut its operations in Europe efficient March 31, 2023. The corporate cited stressors throughout the financial local weather and the more and more excessive price of producing coupled with provide chain shortages as the reason for the closure.
“We’re proud to have been part of the European financial system for greater than twenty years, and we’re grateful for the loyalty and help of the impartial consultants all through the years,” mentioned Nikken President and CEO Luis Kasuga. “We acknowledge the disruption this may increasingly trigger and are doing our greatest to make sure a clean transition for the impartial consultants and their clients.”
