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Chinese discount merchandise chain Miniso is reportedly planning an IPO raising as much as US$1 billion to continue its rapid expansion. A Miniso IPO was first mooted by the company in January last year but there has been no further activity until now. Citing…
Miniso has teamed up with Cartoon Network to present an epic 264-item collection of Adventure Time products in its stores across 62 territories around the world. From Europe to Asia, and Africa to North America and South America, the retailer is stacking its…
Japanese retail brand Miniso plans to source India-made products for its stores in the US and Australia, said a top company official. According to a report: Miniso India is also investing to set up its own warehouses in Delhi, Mumbai, Kolkata and Bengaluru to…
Last year, a rank report is released the #10 Best Performing Brands of 2017. The ranking gathered a mix of brands, which stood up from the crowd for incredible brand activities throughout the year. This year, the ranking focuses on Asian brands, which have…
Miniso Canada is on the brink of bankruptcy after an action brought against it by its Chinese parent company alleging fraudulent business dealings and the transfer and hiding of assets. The extraordinary situation was revealed by Canadian website which in its…
Discount Chinese merchandise chain Miniso has partnered with e-commerce platform Shopee to open its first online flagship store in Singapore. Shopee will exclusively host the Miniso Singapore online offering in the territory as a part of the retailer’s…
Chinese-owned ‘South Korean designer brand’ Beccos says it plans to launch 50 stores in India. Scheduled to be opened by the middle of next year, the stores will require an investment of ₹100 crore (US$13.67 million) and are expected to return a revenue of…
Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso. Founded just five years ago, Miniso has already grown to more than 3000 stores worldwide using what it describes as a “high quality,…
Japanese retail brand MINISO has completed one year of operation in India and achieved its annual target of Rs 700 crore revenue for 2017-18. The brand, which was launched in August 2017, at present operates 26 stores in India – 21 in Delhi/NCR, three in…
Discount chain Miniso India plans to open 200 stores by year’s end. India has become a fertile market for many international retail brands, including Gap, H&M and Zara. So far, Miniso has opened 20 stores in India. A World Bank report says India’s economy has…
Miniso Vietnam plans to open 50 more stores by the end of this year and reach 400 by 2022. The discount retail chain plans to enhance its distribution system in Vietnam with a 10,000 sqm warehouse in Ho Chi Minh City which will open within a few months. That…
Chinese low-cost retailer Miniso has reached a strategic agreement to launch its stores in Colombia. A signing ceremony has been held with Miniso Colombia in Miniso Industrial Park attended by global co-founder/CEO Ye Guofu and Miniso Colombia representatives…
Chinese discount retailer Miniso is playing a major assault in Canada with 100 stores targeted by year end and 500 within three years. Miniso is growing so fast it is difficult to keep an accurate count of its global network, but co-founder/chief designer…
SM Prime Holdings has continued its expansion in northern Luzon with its latest mall, SM Center Pulilan, in Bulacan. Its 66th mall in the Philippines, it adds 27,000sqm in gross floor area (GFA), taking SM Prime’s total GFA to 8 million sqm. Opening with 80…
Miniso Vietnam plans to open 500 more stores in the next two years, adding to the 30 outlets already established. Co-founder/chief designer Miyake Junya says he has signed a strategic co-operation agreement with Vietnamese developers, including Vincom, which…
Miniso South Africa has officially launched with a store at Pretoria’s Menlyn Park Shopping Centre, with another 50 outlets in the pipeline. The Chinese discount merchandise chain is also opening at Maponya Mall in Soweto, to be followed by stores in Gauteng,…
