MNSO

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Retrieved on: 
Thursday, January 4, 2024
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NEW YORK, Jan. 4, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MNSO, AMD, CRSP, ANET, and ZIM.

Key Points: 
  • NEW YORK, Jan. 4, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MNSO, AMD, CRSP, ANET, and ZIM.
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MINISO Announces US$200 Million Share Repurchase Program

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Friday, September 15, 2023
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GUANGZHOU, China, Sept. 15, 2023 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that, following the expiration of the share repurchase program the Company adopted in September 2022, the board of directors of the Company (the "Board") authorized and approved a new share repurchase program on September 15, 2023 (the "2023 Share Repurchase Program"), under which the Company may repurchase up to US$200 million in value of its outstanding ordinary shares and/or American depositary shares representing its ordinary shares (collectively, the "Shares") over a period of 12 months starting from the date on which the 2023 Share Repurchase Program was approved.

Key Points: 
  • GUANGZHOU, China, Sept. 15, 2023 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) ("MINISO", "MINISO Group" or the "Company"), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that, following the expiration of the share repurchase program the Company adopted in September 2022, the board of directors of the Company (the "Board") authorized and approved a new share repurchase program on September 15, 2023 (the "2023 Share Repurchase Program"), under which the Company may repurchase up to US$200 million in value of its outstanding ordinary shares and/or American depositary shares representing its ordinary shares (collectively, the "Shares") over a period of 12 months starting from the date on which the 2023 Share Repurchase Program was approved.
  • The Company expects to fund repurchases under the 2023 Share Repurchase Program from surplus cash on its balance sheet.
  • The Board believes that the current financial resources of the Company would enable it to implement the share repurchase without causing any material impact on its working capital.
  • The Board will review the 2023 Share Repurchase Program periodically, and may authorize adjustment of its terms and size.

MINISO's NYC Times Square Flagship Breaks Sales Records, Further Boosts Confidence in US Expansion

Retrieved on: 
Tuesday, July 25, 2023
Heart, Record, Stock, IP, Sale, IPS, MNSO, Growth, NYSE, Retail, Tourism, Sanrio, The Walt Disney Company

NEW YORK, July 25, 2023 /PRNewswire/ -- Lifestyle brand MINISO (NYSE: MNSO; HKEX: 9896) recently hosted its 2023 Second Half Global Partners Strategy Summit in New York, highlighting the brand's achievements and future ambitions as it works on becoming a global lifestyle super-brand. During the summit, MINISO founder and CEO, Mr. Jack Ye, revealed that the brand's recently opened store in Times Square, New York, had shattered previous sales records. In fact, the new store set new records for both first-day and first-month sales among the brand's over 5500 global stores. During its inaugural month, the Times Square store recorded sales with over 60,000 consumer visits, equating to approximately eight times higher than the average sales of the other nearly 80 stores in the United States.

Key Points: 
  • During the summit, MINISO founder and CEO, Mr. Jack Ye, revealed that the brand's recently opened store in Times Square, New York, had shattered previous sales records.
  • In fact, the new store set new records for both first-day and first-month sales among the brand's over 5500 global stores.
  • During its inaugural month, the Times Square store recorded sales with over 60,000 consumer visits, equating to approximately eight times higher than the average sales of the other nearly 80 stores in the United States.
  • The exceptional sales records of the Times Square store also reflect the positive trends within MINISO's product sales structure in the US market.

MINISO Celebrated the Grand Opening of Its Global Flagship Store at Times Square, New York

Retrieved on: 
Tuesday, May 23, 2023
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NEW YORK, May 23, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store at New York's iconic Times Square on Friday, May 19 (EST).

Key Points: 
  • NEW YORK, May 23, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store at New York's iconic Times Square on Friday, May 19 (EST).
  • "We're delighted to be opening our new flagship store here at Times Square," said Jack Ye, Founder and CEO of MINISO, at the grand opening event.
  • "I would like to congratulate MINISO on opening a flagship at Times Square," he said.
  • The opening of the new flagship in Times Square in 2023, the brand's 10th anniversary year, comes shortly after the announcement of a new global strategy.

MINISO Celebrated the Grand Opening of Its Global Flagship Store at Times Square, New York

Retrieved on: 
Tuesday, May 23, 2023
Heart, Snack, Mickey Mouse, Electronics, Culture, Eye, Toy Story, The Walt Disney Company, Hello Kitty, EST, Attitude, Collection, Times Square, MNSO, NYSE, Toy, Retail, Sanrio

NEW YORK, May 23, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store at New York's iconic Times Square on Friday, May 19 (EST).

Key Points: 
  • NEW YORK, May 23, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store at New York's iconic Times Square on Friday, May 19 (EST).
  • "We're delighted to be opening our new flagship store here at Times Square," said Jack Ye, Founder and CEO of MINISO, at the grand opening event.
  • "I would like to congratulate MINISO on opening a flagship at Times Square," he said.
  • The opening of the new flagship in Times Square in 2023, the brand's 10th anniversary year, comes shortly after the announcement of a new global strategy.

MINISO Celebrated the Grand Opening of its Global Flagship Store in Times Square, New York

Retrieved on: 
Monday, May 22, 2023
Heart, Snack, We Bare Bears, Mickey Mouse, Electronics, Culture, Eye, Toy Story, The Walt Disney Company, Hello Kitty, EST, Attitude, New Yorker, Collection, MNSO, NYSE, Toy, Retail, Sanrio

NEW YORK, May 22, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store in New York's iconic Times Square on Friday, May 19 (EST).

Key Points: 
  • NEW YORK, May 22, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store in New York's iconic Times Square on Friday, May 19 (EST).
  • "We're delighted to be opening our new flagship store here in Times Square," said Jack Ye, Founder and CEO of MINISO, at the grand opening event.
  • "I would like to congratulate MINISO on opening a flagship at Times Square," he said.
  • The opening of the new flagship in Times Square in 2023, the brand's 10th anniversary year, comes shortly after the announcement of a new global strategy.

MINISO Celebrated the Grand Opening of its Global Flagship Store in Times Square, New York

Retrieved on: 
Monday, May 22, 2023
Heart, Snack, We Bare Bears: The Movie, Mickey Mouse, Electronics, Culture, Eye, Toy Story, The Walt Disney Company, Hello Kitty, EST, Multimedia, Attitude, New Yorker, Collection, MNSO, NYSE, Toy, Retail, Sanrio

NEW YORK, May 22, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store in New York's iconic Times Square on Friday, May 19 (EST).

Key Points: 
  • NEW YORK, May 22, 2023 /PRNewswire/ -- Lifestyle retailer MINISO (NYSE: MNSO; HKEX: 9896) officially opened its new global flagship store in New York's iconic Times Square on Friday, May 19 (EST).
  • "We're delighted to be opening our new flagship store here in Times Square," said Jack Ye, Founder and CEO of MINISO, at the grand opening event.
  • "I would like to congratulate MINISO on opening a flagship at Times Square," he said.
  • The opening of the new flagship in Times Square in 2023, the brand's 10th anniversary year, comes shortly after the announcement of a new global strategy.

MINISO Group Announces Positive Profit Alert

Retrieved on: 
Tuesday, April 25, 2023
Sustainability Accounting Standards Board, NYSE, Bank statement, MNSO, Audit

GUANGZHOU, China, April 25, 2023 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEx: 9896) ("MINISO", "MINISO Group" or the "Company"), a global retailer offering a variety of design-led lifestyle products, today announced a positive profit alert for the quarter ended March 31, 2023 (the "March Quarter").

Key Points: 
  • GUANGZHOU, China, April 25, 2023 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO; HKEx: 9896) ("MINISO", "MINISO Group" or the "Company"), a global retailer offering a variety of design-led lifestyle products, today announced a positive profit alert for the quarter ended March 31, 2023 (the "March Quarter").
  • The above data may therefore differ from the figures to be disclosed in the audited or unaudited consolidated financial statements to be published by the Company.
  • Accordingly, the above figures are strictly for information only and not for any other purposes.
  • Any shareholder or potential investor who is in doubt is advised to seek advice from professional advisers.

MINISO Group Announces Management and Board Changes

Retrieved on: 
Sunday, January 29, 2023
Chinese Institute of Certified Public Accountants, NYSE, Growth, Financial management, Certified Public Accountant, Nankai University, MNSO, Chartered Financial Analyst, PwC, Family, China Europe International Business School, Management

Following Mr. Steven Zhang's resignation, the board of directors of the Company (the "Board") will be comprised of five members, including three independent non-executive directors and two executive directors.

Key Points: 
  • Following Mr. Steven Zhang's resignation, the board of directors of the Company (the "Board") will be comprised of five members, including three independent non-executive directors and two executive directors.
  • In addition, the Board has appointed Mr. Eason Jingjing Zhang, currently the Company's vice president of capital markets, as the new chief financial officer of the Company, effective on January 31, 2023.
  • His sound judgment and leadership have been instrumental in our company's growth, earning respect and commendation throughout the Company."
  • Since then, he has played a key role in driving the Company's success in various capital market transactions and several internal finance management projects.

MINISO's Rapid Store Expansion Continues Apace in India with Number of New Store Openings Reaching New Highs Since Pandemic Began

Retrieved on: 
Tuesday, January 3, 2023
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NEW DELHI, Jan. 3, 2023 /PRNewswire/ -- MINISO (NYSE: MNSO; HKEX: 9896) a global lifestyle retailer, offering high-quality household goods, cosmetics and food at affordable prices, has revealed as of the end of 2022, it set a record in India for the highest number of new store openings since the pandemic, estimated at around 60, the most in almost three years. Since the first store opened in Gurugram in 2017, MINISO has set up in 125 cities around the country, and is expected to exceed 220 stores by year-end, including 16 stores in Mumbai.

Key Points: 
  • In December, MINISO also added another new store in Lulu Mall Thiruvananthapuram, which is the largest mall in India and near Technopark, the largest IT park in India.
  • In addition to the United States and Indonesia, India, with its large population, economic vitality, and rapid consumption recovery, is one of MINISO's most important direct sales markets.
  • Performance in India this year has been outstanding, with sales performance this year increased by nearly 80% year-on-year.
  • MINISO will continue with its flexible store expansion strategy adjusted to market conditions with a focus on opening high-performing stores.