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 Ltd (NYSE: MNSO) is a global leader in design-driven retail, offering affordable lifestyle products through innovative store experiences. This news hub provides investors and market observers with essential updates about the company’s strategic initiatives and market position.
Access real-time announcements including quarterly earnings, product launches, and global expansion developments. Our curated collection features official press releases about MINISO’s IP collaborations, retail partnerships, and operational milestones, helping stakeholders track the company’s progress in competitive markets.
Key updates include insights into MINISO’s international store growth, design innovations, and strategic investments. The resource serves both casual observers and professional analysts seeking to understand the company’s evolving role in global retail trends.
Bookmark this page for streamlined access to MINISO’s latest corporate communications. Check back regularly for authoritative updates directly affecting market perception and investment considerations.
MINISO, the global lifestyle brand, opened a flagship store in Paris on June 22, 2024, at 104 Avenue des Champs-Elysées, near luxury brands and the Arc de Triomphe. This new location, the largest in Europe, recorded the highest single-day sales outside of mainland China. The store spans over 8,600 ft² and features MINISO's IP collaboration collections with brands like Sanrio, Disney, and Barbie, and debuts the BT21 collection in France.
This opening aligns with MINISO's 'Super Store' strategy of establishing large-format stores in high-traffic areas. The strategy aims to enhance customer experience and boost global brand recognition. The move follows strong financials, with global revenue up 26% YoY to $515.7 million in Q1 2024, and overseas revenue up 52.6% to $169.2 million. MINISO now operates in 110 overseas markets with 6,630 stores worldwide, planning to open 900–1,100 new stores in 2024, over half of which will be overseas.
MINISO Group announced that all proposed resolutions were adopted in their annual general meeting held on June 20, 2024, in Hong Kong. The company, which trades on both the NYSE under the symbol MNSO and the HKEx as 9896, shared that these resolutions included key strategic decisions for the upcoming fiscal year. MINISO is a global retailer known for its trendy lifestyle products featuring IP designs.
MINISO Group Holding (NYSE: MNSO; HKEX: 9896), a global value retailer known for trendy lifestyle products, has announced a change in the venue for its annual general meeting (AGM). Originally scheduled for June 20, 2024, the AGM will now be held at Flats B-D, 35/F, Plaza 88, 88 Yeung Uk Road, Tsuen Wan, the New Territories, Hong Kong. The change is due to administrative reasons.
MINISO Group announced its March Quarter 2024 unaudited financial results, showing significant growth and expansion. Revenue reached RMB3,723.5 million (US$515.7 million), a 26% year-over-year increase, while gross profit was RMB1,616.5 million (US$223.9 million), up 39.1%. Operating profit stood at RMB743.3 million (US$102.9 million), a 29.1% rise. Adjusted net profit hit RMB616.9 million (US$85.4 million), a 27.7% increase. The adjusted EBITDA margin improved to 25.9%. The company expanded its retail footprint to 6,630 stores, including 4,034 in mainland China and 2,596 overseas. This rapid growth reflects MINISO's successful implementation of its IP and globalization strategies.
MINISO, the global lifestyle brand, has opened its first IP Collection Store in the US at the American Dream Mall in New Jersey. This store marks a significant milestone in MINISO's expansion across the US, offering innovative shopping experiences with beloved IP characters and products. With a focus on collaboration and unique design, MINISO aims to become the world's leading IP design retail group, with a strong emphasis on North America for growth.
MINISO Group Holding (NYSE: MNSO; HKEX: 9896), a global value retailer specializing in trendy lifestyle products, will release its March quarter 2024 financial results on May 14, 2024. The company's management will host an earnings conference call to discuss the financial results. MINISO has built a strong brand presence globally since 2013, offering aesthetically pleasing, quality products at affordable prices.
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