ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Retail

Chinese retailer Miniso's annual loss widens to $215m on lockdowns

Sales rebound in latest quarter as overseas markets recover

Miniso opened 406 stores across China alone over the year ending in June. (Photo by Takashi Kawakami)

GUANGZHOU -- Chinese discount store operator Miniso amassed a net loss exceeding 1.4 billion yuan ($215 million) for the year ended in June as the coronavirus pandemic deepened the company's red ink.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more