Nikken, a direct sales company founded in Japan in 1975, announced it will close its operations in Europe effective March 31, 2023. The company cited stressors within the economic climate and the increasingly high cost of manufacturing coupled with supply chain shortages as the cause of the closure.
“We are proud to have been a part of the European economy for more than two decades, and we are grateful for the loyalty and support of the independent consultants throughout the years,” said Nikken President and CEO Luis Kasuga. “We acknowledge the disruption this may cause and are doing our best to ensure a smooth transition for the independent consultants and their customers.”
