MINISO Announces New Partnerships and Expansion Plans

Retailer is entering four new markets: Trinidad and Tobago, Angola, Latvia and Panama.
License Global Logo
License Global

March 29, 2023

License Global holding image.
License Global holding image.License Global

Lifestyle retailer, MINISO, has announced its plans to expand operations into four new markets: Angola, Trinidad and Tobago, Latvia and Panama.  

As a brick-and-mortar retail chain,

MINISO

has entered 105 markets with more than 5,400 stores, attracting over one billion customers worldwide. This year marks MINISO’s 10th anniversary, and the brand is advancing under the guidance of a new brand strategy.  

In Latvia, the first MINISO store will open in the capital city of Riga in early summer. The first MINISO store in Panama is expected to open in June this year, with a total of seven stores expected in the country by year-end. 

Meanwhile, the first MINISO store in Trinidad and Tobago is expected to welcome its first shoppers in mid-2023, aiming to open more stores within three years. The brand seeks more opportunities to grow and build partnerships in Central and South America. 

In Angola, MINISO has also secured a location in Shopping Avennida, a mall in Luanda, the country’s capital. The company

expects to open its first store in time for this year’s Christmas season, with plans for three more stores

Read more about:

Subscribe and receive the latest news from the industry.

Join 62,000+ members. Yes, it’s completely free.

You May Also Like

Loading..

Report

Loading..

This site uses cookies to provide you with the best user experience possible. By using License Global, you accept our use of cookies.