Miniso struggles to impress investors, even with a successful ‘toy story’
The company is finding success with its Top Toy business and overseas expansion, while its core traditional retail segment has become a drag Key Takeaways: Miniso’s newer chain of Top…
Miniso looks to spread the love for cute and collectible trinkets
The Chinese store chain is raising $550 million in convertible bonds to fund a deeper push into overseas markets, guided by an upbeat branding strategy Key Takeaways: The proceeds from…
Let’s ‘Eat Goods!’ China’s $23 billion animation derivatives market is no game
The ‘Goods Economy’ became a rare bright spot in China’s consumer market last year, as young buyers spent heavily on animation derivatives like cosplay By Lee Shih Ta China’s…
FAST NEWS: Miniso shares plummet on Yonghui stake purchase
The Latest: Novelty store operator Miniso Group (MNSO.US; 9896.HK) on Monday announced it has agreed to buy 29.4% of China’s second-largest supermarket operator Yonghui Superstores (601933.SH) from Dairy Farm and JD.com (JD.US;…
BRIEF: Miniso repurchases more shares
Miniso Group Holdings Ltd. (9896.HK) announced it repurchased 324,800 of its Hong Kong-listed shares on Sept. 13, accounting for 0.026% of its issued shares. The average price per share was…
Pop Mart’s ‘blind box’ toys attract fans, detractors
A week after announcing strong interim results, the company came under a veiled attack from state media for the addictive nature of its collectible toys Key Takeaways: Pop Mart’s revenue…
Miniso’s penny-wise empire finds big bucks in rich countries
The seller of cheap lifestyle goods opened a massive store in Paris last month, the latest step in its ambition to win over bargain hunters worldwide Key Takeaways: Miniso accelerated…