Shein’s Chinese roots likely to rub some shine from its IPO
Despite working hard to recast itself as a Singaporean company, the fast fashion giant may find that Chinese regulatory scrutiny is its biggest obstacle to a planned U.S. IPO Key…
FAST NEWS: Miniso’s Shares Surge on Big Overseas Revenue Gains
The latest: Retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) announced on Thursday its revenue dropped 6% to 2.32 billion yuan ($350 million) in the three months to June, but its net…
Miniso Gets Dressing Down in Online Brouhaha
The Japanese-inspired operator of a chain of small, knickknack-selling stores apologizes after netizens accuse it of trying to hide its Chinese roots Key Takeaways: Miniso’s shares are down 17% since…
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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