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MINISO Unveils 200th U.S. Store in Santa Monica, Highlighting Continued Expansion and Strategic IP Collaborations

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MINISO, the global lifestyle brand, celebrated the grand opening of its 200th store in the United States on August 24, 2024, at Santa Monica's 3rd Street Promenade. This milestone underscores MINISO's rapid expansion in the U.S. market, with new stores opening in key locations like Times Square and the American Dream Mall. The Santa Monica store, spanning over 3,700 square feet, features dedicated zones showcasing collaborations with popular IPs such as Disney, Sanrio, and Minions.

The store's opening highlighted MINISO's strategic use of global IPs to create meaningful connections with consumers. It also debuted the exclusive Disney Stamp blind box series, reflecting the brand's commitment to innovative product offerings. With 200 stores now established across North America, including over 20 U.S. states, MINISO continues to strengthen its position as a leading global lifestyle brand.

MINISO, il marchio globale di lifestyle, ha celebrato l'apertura ufficiale del suo 200esimo negozio negli Stati Uniti il 24 agosto 2024, presso il 3rd Street Promenade di Santa Monica. Questo traguardo sottolinea la rapida espansione di MINISO nel mercato statunitense, con nuovi negozi che aprono in location chiave come Times Square e l'American Dream Mall. Il negozio di Santa Monica, che si estende su oltre 3.700 piedi quadrati, presenta zone dedicate che mettono in mostra collaborazioni con IP popolari come Disney, Sanrio e Minions.

L'apertura del negozio ha messo in evidenza l'uso strategico da parte di MINISO di IP globali per creare connessioni significative con i consumatori. Ha anche presentato la serie esclusiva di scatole cieche Disney Stamp, che riflette l'impegno del marchio per offerte di prodotto innovative. Con 200 negozi ora stabiliti in Nord America, compresi oltre 20 stati americani, MINISO continua a rafforzare la sua posizione come marchio globale di lifestyle di primo piano.

MINISO, la marca global de estilo de vida, celebró la gran apertura de su 200ª tienda en los Estados Unidos el 24 de agosto de 2024, en el 3rd Street Promenade de Santa Monica. Este hito subraya la rápida expansión de MINISO en el mercado estadounidense, con nuevas tiendas abriendo en lugares clave como Times Square y el American Dream Mall. La tienda de Santa Monica, que abarca más de 3,700 pies cuadrados, cuenta con zonas dedicadas que muestran colaboraciones con IP populares como Disney, Sanrio y Minions.

La apertura de la tienda destacó el uso estratégico de MINISO de IP globales para crear conexiones significativas con los consumidores. También debutó la serie exclusiva de cajas ciegas Disney Stamp, reflejando el compromiso de la marca con ofertas de productos innovadoras. Con 200 tiendas establecidas en toda América del Norte, incluyendo más de 20 estados de EE. UU., MINISO sigue fortaleciendo su posición como una marca global líder en estilo de vida.

MINISO는 글로벌 라이프스타일 브랜드로서 2024년 8월 24일, 산타모니카의 3번가 프로메나드에서 미국 내 200호점 개점을 기념했습니다. 이 이정표는 미국 시장에서 MINISO의 빠른 확장을 강조하며, 타임스퀘어 및 아메리칸 드림 몰과 같은 주요 위치에 새로운 매장이 열리고 있습니다. 산타모니카 매장은 3,700제곱피트 이상에 달하며, 디즈니, 산리오 및 미니언즈와 같은 인기 IP들과의 협업을 소개하는 전용 구역이 있습니다.

매장 개장은 소비자와의 의미 있는 연결을 만들기 위해 MINISO가 글로벌 IP를 전략적으로 활용하는 모습을 부각시켰습니다. 또한 브랜드의 혁신적인 제품 제공을 반영하는 독점 디즈니 스탬프 블라인드 박스 시리즈가 처음으로 선보였습니다. 이제 200개의 매장이 북미 전역에 설립되어 있으며, 20개 이상의 미국 주를 포함해 MINISO는 글로벌 라이프스타일 브랜드로서의 입지를 계속해서 강화하고 있습니다.

MINISO, la marque de style de vie mondiale, a célébré l'ouverture officielle de son 200ème magasin aux États-Unis le 24 août 2024, au 3rd Street Promenade de Santa Monica. Ce jalon souligne l'expansion rapide de MINISO sur le marché américain, avec de nouveaux magasins ouvrant dans des lieux clés comme Times Square et le American Dream Mall. Le magasin de Santa Monica, d'une superficie de plus de 3 700 pieds carrés, dispose de zones dédiées mettant en avant des collaborations avec des IP populaires telles que Disney, Sanrio et Minions.

L'ouverture du magasin a mis en évidence l'utilisation stratégique par MINISO d'IP mondiales pour établir des connexions significatives avec les consommateurs. Il a également présenté la série exclusive de boîtes aveugles Disney Stamp, reflétant l'engagement de la marque pour des offres de produits innovantes. Avec désormais 200 magasins établis à travers l'Amérique du Nord, y compris dans plus de 20 États américains, MINISO continue de renforcer sa position en tant que marque mondiale de style de vie leader.

MINISO, die globale Lifestyle-Marke, feierte am 24. August 2024 die große Eröffnung ihres 200. Geschäfts in den Vereinigten Staaten am 3rd Street Promenade in Santa Monica. Dieser Meilenstein unterstreicht MINISOs schnelles Wachstum auf dem US-Markt, mit neuen Geschäften an wichtigen Standorten wie Times Square und dem American Dream Mall. Das Geschäft in Santa Monica, das sich über 3.700 Quadratfuß erstreckt, verfügt über spezielle Bereiche, die Kooperationen mit beliebten IPs wie Disney, Sanrio und Minions präsentieren.

Die Eröffnung des Geschäfts hob MINISOs strategischen Einsatz globaler IPs hervor, um bedeutungsvolle Verbindungen zu den Verbrauchern herzustellen. Außerdem wurde die exklusive Disney Stamp Blind Box-Serie vorgestellt, die das Engagement der Marke für innovative Produktangebote widerspiegelt. Mit nun 200 Geschäften in Nordamerika, darunter über 20 US-Bundesstaaten, stärkt MINISO weiterhin seine Position als führende globale Lifestyle-Marke.

Positive
  • Reached milestone of 200 stores in the United States, indicating rapid expansion
  • Opened new stores in high-profile locations like Times Square and American Dream Mall
  • Successfully collaborating with popular global IPs like Disney, Sanrio, and Minions
  • Launched exclusive Disney Stamp blind box series, showcasing product innovation
  • Expanding presence in over 20 U.S. states, strengthening market position
Negative
  • None.

MINISO's expansion to 200 stores in the U.S. signals strong market penetration and brand acceptance. The strategic location choices, like Santa Monica's 3rd Street Promenade, demonstrate a focus on high-traffic, premium retail spaces. This approach can boost visibility but may impact profit margins due to higher operating costs.

The emphasis on IP collaborations with Disney, Sanrio and others is a smart move. It leverages existing fan bases and can drive foot traffic and sales. However, the reliance on licensed properties may pose risks if partnerships change or consumer preferences shift.

MINISO's rapid expansion in the U.S. is impressive, but investors should watch for signs of overextension or market saturation. The focus on experiential retail with themed zones and exclusive products aligns with current retail trends, potentially boosting customer engagement and sales per square foot.

MINISO's U.S. strategy showcases a multi-faceted approach to brand building. The use of popular IPs creates instant recognition and emotional connection, while the curated store experience fosters brand loyalty. This blend of global partnerships and localized themes (like Santa Monica-specific items) demonstrates a glocal strategy that can resonate well with diverse American consumers.

The brand's rapid expansion and consistent store openings indicate strong operational capabilities and supply chain management. However, maintaining quality and consistency across 200 locations will be crucial. The focus on -time designs and exclusive products creates a sense of urgency and uniqueness, which can drive repeat visits and combat the "sameness" often associated with chain stores.

NEW YORK, Aug. 28, 2024 /PRNewswire/ -- Global lifestyle brand MINISO marked the grand opening of its 200th store in the United States on August 24, 2024, at the iconic 3rd Street Promenade in Santa Monica. This milestone not only underscores MINISO's rapid growth in the U.S. market but also highlights its commitment to expanding its footprint and enhancing brand influence across the country.

MINISO Santa Monica store with a limited-time Stitch-themed storefront design

The Santa Monica store, encompassing over 3,700 square feet marks the latest chapter in MINISO's U.S. expansion. This year alone, MINISO has opened numerous new stores in key locations across the country, including Times Square and Tangram in New York, and at the American Dream Mall in New Jersey, reinforcing its strategic focus on building a strong and widespread presence in the world's largest consumer market. The brand's ability to resonate with American consumers is evident in the continued success of its new store launches, each of which has been met with an enthusiastic reception.

MINISO Santa Monica Store

The new store's limited-time storefront design, featuring Disney's Stitch in a bespoke beach style, creates a vibrant and engaging atmosphere to attract a diverse range of customers. Inside, the store features dedicated zones showcasing a wide range of MINISO's collaborations with globally popular IPs, including beloved characters from Disney, Sanrio's Kuromi and Hello Kitty, to Minions, BT21, Care Bears, and more. These curated IP zones create a unique and immersive environment that strengthens the emotional connection between the brand and its consumers.

Disney Stitch IP collection zone

MINISO's strategic use of popular global IPs continues to drive its success in the U.S. market. By tapping into the cultural significance of celebrated characters, MINISO can create meaningful connections with consumers, engaging them in ongoing dialogues fueled by the ever-growing popularity of these IPs. This strategy not only attracts loyal fans but also introduces the brand to new audiences, broadening its appeal and reach.

In addition to the IP zones, the grand opening in Santa Monica also featured the debut of the exclusive Disney Stamp blind box series. These new product lines reflect MINISO's commitment to offering well-designed and diverse products that cater to the evolving tastes of its customers. The launch of these collections was a highlight of the event, drawing attention from store visitors while showcasing MINISO's reputation for innovation and quality.

Disney stamp blind box series

As part of the store opening celebration, MINISO offered special rewards and giveaways, including limited-edition Santa Monica-themed shopping bags. These initiatives are part of the brand's broader strategy to engage with its consumers on a deeper level, turning each store visit into an opportunity for discovery and delight.

Customers shopping at MINISO Santa Monica Store

The opening of the Santa Monica store is a testament to MINISO's unwavering dedication to expanding its presence in the United States. With 200 stores now established across North America, including prominent locations in over 20 U.S. states and key spots, MINISO continues to make significant strides in the U.S. market. This ongoing expansion is central to the brand's strategy to enhance its influence and maintain its position as a leading global lifestyle brand offering a variety of design-led lifestyle products.

About MINISO

MINISO Group is a global lifestyle brand offering a variety of trendy lifestyle products featuring IP design. 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.

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SOURCE MINISO

FAQ

When did MINISO open its 200th store in the United States?

MINISO opened its 200th store in the United States on August 24, 2024, at the 3rd Street Promenade in Santa Monica.

How large is MINISO's new store in Santa Monica?

The new MINISO store in Santa Monica encompasses over 3,700 square feet.

What popular IP collaborations does MINISO feature in its U.S. stores?

MINISO features collaborations with popular IPs such as Disney, Sanrio's Kuromi and Hello Kitty, Minions, BT21, and Care Bears in its U.S. stores.

What exclusive product line did MINISO launch at the Santa Monica store opening?

MINISO launched the exclusive Disney Stamp blind box series at the Santa Monica store opening.

How many U.S. states does MINISO (MNSO) have a presence in as of August 2024?

As of August 2024, MINISO (MNSO) has a presence in over 20 U.S. states.

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