Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 10 2019

Miniso eyes opening 800 stores by 2020-end

At present, Miniso operates 102 stores in India, of which, 24 are Miniso-owned and 78 are franchise stores.

Miniso eyes opening 800 stores by 2020-end

Miniso, the Japanese designer brand, looks to open 800 stores by the end of 2020 in order to expand its footprint pan-India. The brand’s expansion plans come by keeping in mind the fast-paced lifestyle in India, and the high demand for its products.

At present, Miniso operates 102 stores in India, of which, 24 are Miniso-owned and 78 are franchise stores. The company is claiming that India is among the top-5 contributors to its topline.

Miyake Junya, Co-Founder and Chief Designer of Miniso, said, “The Indian economy has been one of the fastest growing economies in the world. Many American and European brands have dominated the lifestyle industry here and have thrived. Seeing the opportunity and gauging the huge growth potential that the market had to offer, we at Miniso realised that it was the right time to enter the Indian subcontinent. We received an overwhelming response for our products since the establishment of our very first store in Ambience Mall, Vasant Kunj, New Delhi. There has been no turning back ever since.”

“We are expanding our presence in India through both company-owned model and franchise partners as of now. Just like in any other country, Miniso sources products globally and locally as well. Following the same in India, we have already started sourcing and manufacturing products here. Instead of posing a threat to the company, we believe that it will help in boosting sales and enhancing brand loyalty,” he further stated.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Johnson Pest Solutions provide comprehensive range of pest management &..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • About Us: Max Lab, your partner in prosperity! We aim at achieving..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 50000 - 2lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Quick Service Restaurants
    The Journey started in 1984…It all began with a dream..
    Locations looking for expansion Maharashtra
    Establishment year 1984
    Franchising Launch Date 2021
    Investment size Rs. 5lac - 10lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • Bathroom & Ceramics
           India’s first professionally scaled portable sanitation and..
    Locations looking for expansion Haryana
    Establishment year 1999
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 1750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities