Welcome to our dedicated page for Miniso Group Holding news (Ticker: MNSO), a resource for investors and traders seeking the latest updates and insights on Miniso Group Holding stock.
MINISO Group Holding Limited (NYSE: MNSO) is a global value retailer and lifestyle brand that frequently issues detailed news releases on its operations, store network and financial performance. As a company focused on trendy lifestyle products featuring IP design, MINISO's news flow often highlights developments in its MINISO and TOP TOY brands and the evolution of its global store footprint.
Readers of the MNSO news page can expect regular updates on quarterly and interim unaudited financial results, including revenue trends, gross margin, operating profit, adjusted net profit, adjusted EBITDA and cash position. The company also reports metrics such as same-store GMV or same-store sales growth, store counts in mainland China and overseas markets, and the number of directly operated, retail partner and distributor model stores.
MINISO's news also covers brand and format developments, such as the launch and expansion of the MINISO LAND concept. For example, the company has announced the opening of Australia's first MINISO LAND flagship at Westfield Chatswood in Northern Sydney, describing immersive IP-themed zones, proprietary IP installations and a wide selection of IP collaboration products. Other releases discuss the rapid revenue growth of the TOP TOY brand and its expansion into overseas markets.
Investors and followers of MNSO will also find announcements about earnings conference calls, annual general meetings, dividend declarations, capital allocation, changes in auditors and updates on transactions involving major shareholders. For those tracking MINISO's strategy in IP-driven retail, trendy toys and global store expansion, the news stream provides ongoing insight into management's priorities and the company's operational momentum.
MINISO Group (NYSE: MNSO) has announced a US$550 million offering of equity linked securities due 2032. The Securities will bear a 0.5% annual interest rate, payable semiannually, with an initial exercise price of HK$64.395 per Share, representing a 32.5% premium over the expected offer price.
The company plans to use 50% of the net proceeds for overseas expansion, supply chain optimization, brand building, and working capital, while the other 50% will be used for share repurchases. The Securities will be exchangeable for cash from January 14, 2031, and include Call Spread Transactions to reduce potential dilution and offset cash payments.
Security holders can require MINISO to redeem their Securities on January 14, 2028, and January 14, 2030, at 100% of the principal amount plus accrued interest. The offering is expected to close around January 14, 2025.
MINISO (NYSE: MNSO) launched its largest store in Spain on December 20, marking the first MINISO LAND store in Europe. Located in Madrid's Gran Via, this 1100m² flagship store introduces an innovative 'IP theme park-style' shopping concept, featuring collaborations with major brands like Harry Potter, Sanrio, Snoopy, and Disney.
The two-floor store showcases over 6,000 different products, with approximately 70% being IP collaboration items. The location features distinctive zones including a blind box area, cosmetics section, claw machine experience area, and themed spaces. The store's exterior boasts a 20-meter Sanrio-inspired glass façade.
This opening is part of MINISO's European expansion strategy. As of September 2024, MINISO operates approximately 7,200 stores globally, including 260 in Europe, with plans for further expansion.
MINISO Group (NYSE: MNSO) reported strong financial results for the first nine months of 2024. Revenue increased 22.8% year over year to RMB12,281.3 million, driven by 18.5% store count growth and low-single digit same-store sales growth. Gross profit rose 34.1% to RMB5,419.8 million, with gross margin expanding to 44.1%. The company's global store network reached 7,420 locations, adding 859 net new stores. Overseas revenue contribution increased to 37% from 32% last year. Operating profit grew 14.3% to RMB2,347.4 million, while adjusted net profit increased 13.7% to RMB1,928.1 million.
MINISO Group (NYSE: MNSO; HKEX: 9896) has announced an extraordinary general meeting (EGM) scheduled for January 17, 2025, in Hong Kong. The meeting's primary purpose is to seek shareholder approval for the proposed acquisition of a 29.4% stake in Yonghui Superstores Co., The acquisition agreement was previously announced in September 2024 through MINISO's PRC subsidiary. Shareholders of record as of December 6, 2024, are eligible to vote at the EGM, with specific voting instructions provided for ADS holders through The Bank of New York Mellon.
MINISO has launched a global collection of over 800 Harry Potter-inspired products across various categories including plush toys, pet products, cups, toys, stationery, gifts, and fragrances. The collection features designs incorporating iconic elements from the Harry Potter films, such as Hogwarts house themes, the Golden Snitch, and beloved characters. Products are available in multiple countries including the United States, Canada, Malaysia, the United Kingdom, and France, with plans to expand to over 80 countries worldwide. Special themed store displays and pop-ups have been implemented in locations like the Irvine Spectrum Center and Hong Kong. MINISO plans to continue expanding the collection with new items through 2025.
MINISO Group (NYSE: MNSO; HKEX: 9896) announced it will release its September quarter 2024 financial results before U.S. market opens on November 29, 2024. Management will host an earnings conference call at 4:00 A.M. Eastern Time (5:00 P.M. Beijing Time) on the same day, with simultaneous English interpretation available. The company, a global value retailer of trendy lifestyle products with IP design, operates through its MINISO store network since 2013, focusing on aesthetically pleasing design, quality, and affordability.
MINISO announced significant achievements at its Global Brand Strategic Upgrade Results Launch Conference 2024 in Shanghai. The company has partnered with over 150 global IPs, including Harry Potter and Disney, generating over 10 billion RMB in IP product sales. MINISO operates in 111 countries with 2,753 stores outside mainland China, implementing a seven-tier store format. The company launched MINISO LAND, its first scenario-based IP collection store in Shanghai, and introduced MINISO FRIENDS format targeting Gen-Z customers. The company has over 100 million registered members globally, with overseas membership growing 63% since 2024.
MINISO opened its newest IP Collection Store at Toronto's Eaton Centre on October 19, featuring Sanrio characters. The 300-square-meter store showcases various themed sections including Sanrio, Harry Potter, Loopy, and Barbie collections. The store marks the Canadian debut of MINISO's Harry Potter collection, which has been successful in Hong Kong and globally. The location features dedicated zones for perfumes, personal care, cosmetics, and electronics. The opening celebration included a live DJ, ribbon-cutting ceremony, and special promotions. This expansion follows the success of MINISO's West Vancouver flagship store, with more locations planned across Canada.
MINISO opened its new Vancouver flagship store at CF Richmond Centre on September 28, 2024. The 3500-square-feet pink-themed store offers around 3000 SKUs, including collaborations with Disney, Sanrio, BT21, Chiikawa, and Zanmang Loopy. The store features unique installations like a pink Ferris wheel and an interactive makeup area.
The opening celebration included live performances, photo booths, and special promotions. This flagship marks a key step in MINISO's strategic expansion across Canada, with plans to open more stores in 2024, including a themed store at Eaton Centre and locations across Quebec. The brand aims to bring joyful shopping experiences to a wider audience through innovative designs and expanded IP product sections.
MINISO Group announced a significant acquisition, entering into share purchase agreements to acquire 29.4% of Yonghui Superstores for RMB6.3 billion. This transaction will make MINISO the largest single shareholder of Yonghui, a leading retail chain in China with approximately 850 supermarkets and 2023 revenue of RMB78.6 billion. The acquisition involves purchasing shares from subsidiaries of DFI Retail Group Holdings and JD.com. The purchase price of RMB2.35 per share represents a 3.1% premium to Yonghui's recent closing price. The deal, expected to close in the first half of 2025, is subject to regulatory approvals and shareholder consent. MINISO plans to fund the acquisition through internal resources and external financing. The company aims to leverage this acquisition to enhance economies of scale, optimize cost structures, and diversify its business portfolio.
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