Chinese variety retailer Miniso is planning to establish subsidiary corporations in India and Indonesia as well as four other territories.
Miniso international office chief director Vincent Huang says it is a step forward to the company’s global expansion.
Based on its development momentum, the number of Miniso stores will be doubled and the sales volume will be six times as much as now by 2020, says Huang following a four-day seminar in Bangkok for more than 50 international sole agents.
After three years’ development, Miniso has more than 1000 stores around the world.
Source: InsideRetail
