ASX-Dividend-Report-Banner

MINISO Sets Up Innovative Flagship Stores Globally, Featuring Barbie and Disney Series

November 27, 2023 06:18 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 MINISO Sets Up Innovative Flagship Stores Globally, Featuring Barbie and Disney Series
Image source: Kalkine Media

HANOI, Vietnam, Nov. 27, 2023 /PRNewswire/ -- Renowned global lifestyle brand MINISO continues its global expansion with the grand opening of its latest Barbie-themed store in Hanoi, Vietnam, on November. The 300-square-meter, two-story storefront is an enchanting haven for Barbie enthusiasts, featuring a pink-themed atmosphere from floor to ceiling.

MINISO‘s Barbie-themed Store in Hanoi
MINISO‘s Barbie-themed Store in Hanoi

The new store — located at 122 Tran Duy Hung — captivates visitors with its vibrant pink décor, creating a dreamy atmosphere that resonates with the essence of the iconic doll. From bags and water bottles to accessories, makeup tools and neck pillows, the store offers a diverse range of Barbie-inspired products.

Notably, since the product launch on October 18 in Ho Chi Minh and Hanoi's MINISO stores, the Barbie series has witnessed remarkable success. The popular Barbie cups were sold out during the initial launch, and since the new collection arrived at these two stores, there has been a remarkable 100% increase in sales compared to the previous week. The popularity of the Barbie collection is evident, with a 42% sales contributed by the Van Hanh Mall store during promotional events. To date, the newly opened store in Hanoi has become the best-performing store in sales in Northern Vietnam.

The new MINISO flagship store in Hanoi marks another milestone in the brand's strategy of creating high-energy flagship stores worldwide with prominent IPs. In particular, the Barbie-themed store is a testament to MINISO's commitment to providing unique and immersive shopping experiences. Given the success of the series, MINISO plans to roll out new products for the Barbie series, including headphone which was one of the best-selling items in China, in December in Vietnam.

This achievement follows MINISO's successful introduction of Barbie-themed stores in 11 cities across China, including Shanghai and Changsha, with a total of 13 stores. Remarkably, the Barbie series has become a global phenomenon, reaching markets in the United States, Indonesia, China, Singapore, Canada, Malaysia, and more.

MINISO's Babie-themed Store in China
MINISO's Babie-themed Store in China

 

MINISO’s Disney Pixar Food Collection-themed Store in China
MINISO’s Disney Pixar Food Collection-themed Store in China

In addition to the Barbie-themed success, MINISO has been at the forefront of establishing "Super IP" and "Super Store" concepts, creating a new paradigm for trend-focused shopping experience.

"As we continue to explore new avenues of creativity and consumer engagement, our 'Super IP' and 'Super Store' strategy allows us to build MINISO as a lifestyle destination," said Robin Liu, Chief Marketing Officer of MINISO. "These flagship stores are not just places to shop; they are immersive experiences that resonate with our customers on a personal level."

MINISO has been on a spree of introducing innovative flagship stores worldwide. These include Disney Pixar Food Collection-themed stores in China's Guangzhou and Vietnam's Ho Chi Minh City, each featuring a distinctive Disney park-inspired ice cream facade that has become a popular photo spot for visitors.

The brand has also launched its first Sanrio-themed store in Margo City, a major shopping mall in Indonesia, enhancing the shopping experience with sweet pink tones, cartoon character decorations and ambient lighting to create a romantic and dreamy ambiance.

In a bid to fuel the brand's global reach, these flagship stores contribute significantly to building a robust brand image and achieving sales figures, aligning with MINISO's vision of becoming a "Super Brand."

About MINISO

MINISO Group is a global lifestyle brand offering a variety of design-led lifestyle products. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO's wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand "MINISO" as a globally recognized retail brand and established a massive store network worldwide.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.