BRIEF: Miniso’s revenue rises, but profit falls as same-store sales remain weak
Retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) reported on Friday its revenue rose but its profit fell in the first quarter, as business from new store openings helped to offset…
Miniso Rides Into China Covid Storm With Forecast for First-Ever Revenue Contraction
Retailer known for its small, brightly lit stores posted 5% revenue growth in the first three months of 2022, but said the figure is likely to decline around 9% in…
Miniso Steps Up International Expansion in Search of Fatter Profits
Japan-inspired budget retailer’s overseas revenue is growing rapidly, helping it improve margins, following aggressive international expansion Key takeaways: • Miniso said it plans to open four new stores in Italy…
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