|Over a month ago|
Miniso partners with Bilibili on two co-branded collections in China » 06:3601/2601/26/21
Miniso has teamed up with…
Miniso has teamed up with Chinese video-sharing website Bilibili to launch two special product collections on January based on two of the platform's IP, the Bili Girls and Bilibili TV. These two collections follow the two parties' previous collaboration on the Chinese animation "Heaven Official's Blessing". Miniso has integrated the Bili Girls and Bilibili TV to the products and packaging of the collection, which includes digital appliances, seasonal products, beauty tools, premium bags, and more. The Bili Girls have been incorporated into a variety of daily items such as earphone cases, masks, eye masks, hats, and shopping bags, while Bilibili TV has been applied to a series of practical products.
|Over a quarter ago|
Miniso falls -18.0% » 12:0012/2812/28/20
Miniso is down -18.0%, or…
Miniso is down -18.0%, or -$5.58 to $25.46.
Miniso falls -8.8% » 10:0012/2812/28/20
Miniso is down -8.8%, or…
Miniso is down -8.8%, or -$2.73 to $28.31.
Miniso falls -7.7% » 09:4712/2812/28/20
Miniso is down -7.7%, or…
Miniso is down -7.7%, or -$2.39 to $28.65.
Miniso announces JV for headquarters building project in Guangzhou » 07:0312/1112/11/20
MINISO Group Holding…
MINISO Group Holding announced that it has formed a joint venture in the British Virgin Islands with YGF MC Limited, a company jointly controlled by the company's controlling shareholders, Guofu Ye and Yunyun Yang, to acquire land use right of a parcel of land in Guangzhou and to establish a new headquarters building for MINISO through such joint venture's subsidiary in Guangzhou. The company holds 20% of the shares of the joint venture company while YGF MC Limited holds the remaining 80% of the shares of the joint venture company. After the formation of the joint venture company, the company invested RMB356 million in the joint venture company. YGF MC Limited will invest RMB1,424 million in the joint venture company. The total investment for the headquarters building project is estimated to be approximately RMB2,885 million, including approximately RMB1,780 million as consideration for acquisition of land use right and the remaining as building costs. The joint venture company will participate in the public bidding process for the land use right and make deposit payments representing 20% the purchase price for the land use right in December 2020.
Miniso opens first store in Iceland » 06:3612/1112/11/20
Miniso opened its first…
Miniso opened its first store in Iceland, as well as Northern Europe, on December 6. This marks the fourth store that Miniso has opened in Europe just this month, as the company powers forward in its global expansion strategy. Elsewhere in Europe, Miniso opened two stores in France including the first pop up store in FNAC Beaugrenelle, and one store in the United Kingdom this month. The France store, located in the town of Plaisir just next to Paris, is the country's second Miniso store after its Chaussee d'Antin location in the country's capital. In the United Kingdom, Miniso has opened stores in Cambridge and Cardiff recently.
Miniso provides update on store openings » 06:3411/2511/25/20
Miniso opened its 100th…
Miniso opened its 100th post-IPO physical store this November. Additional store openings are planned before the end of the year. Spain is one of Miniso's most rapidly expanding markets, with 16 stores across major cities such as Barcelona, Sevilla, Malaga, Granada. The brand's most recent opening was November 14 in the Canary Islands. Miniso set a record pace in its home market, China, by opening 54 stores on the same day on October 1, which is the first day of China's Golden Week. The timing was also ahead of China's biggest shopping festival known as Double 11 or Singles' Day.
Eleven new option listings and two option delistings on November 9th » 08:3011/0911/09/20
APTX, CCX, EBC, ETNB, MNSO, QFIN, REPL, SRAC, STRO, VIE, JCAP, TRWH
New option listings for…
New option listings for November 9th include Aptinyx Inc (APTX), Ballys Corporation (BALY), Churchill Capital Corp II (Class A Stock) (CCX), Eastern Bankshares Inc (EBC), 89bio Inc (ETNB), MINISO Group Holding Limited (Class A ADS) (MNSO), 360 DigiTech Inc (ADS) (QFIN), Replimune Group Inc (REPL), Stable Road Acquisition Corporation (Class A Stock) (SRAC), Sutro Biopharma Inc (STRO), and Viela Bio Inc (VIE). Option delistings effective November 9th include Jernigan Capital Inc (JCAP) and Twin River Worldwide Holdings Inc (TRWH).
Miniso initiated with a Buy at Goldman Sachs » 05:0111/0911/09/20
Goldman Sachs analyst…
Goldman Sachs analyst Michelle Cheng initiated coverage of Miniso with a Buy rating and $25.20 price target. Offering "appealing, design-led" lifestyle products at affordable prices, Miniso should be able to capture share of the "growing, yet fragmented" branded variety retail market from grocers/general merchandisers, Cheng tells investors in a research note.
Miniso opens first outlet in Paris » 08:2810/2010/20/20
MINISO opened its…
MINISO opened its inaugural outlet in Paris. The first store to open in Europe since the company's successful listing on the New York Stock Exchange earlier this month, it signals continued global expansion for the brand as retail rebounds in Europe. Two more store openings are planned in France for this year, and MINISO aims to open additional locations in 2021.