Chinese lifestyle product retailer MINISO opens new store in Madrid

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MINISO, a Chinese lifestyle product retailer, has opened a new store in Madrid, Spain, located in the heart of the Salamanca district.

The store opening marked the 100th for the variety store company after raising $680 million in October 2020 in a initial public offering (IPO) in New York.

In Spain, has so far opened four new stores this month. The Chinese lifestyle product retailer, which has 16 stores in to date, intends to open more stores across the world before the end of the year.

Chinese lifestyle product retailer MINISO opens new store in Madrid

Chinese lifestyle product retailer opens new store in Madrid. Photo courtesy of Miniso Group.

Vincent Huang – International Business Vice President said: “We aim to open even more new stores across in the near future.

“We look forward to welcoming customers in London, Hungary, Iceland and Italy soon, pending the course of the pandemic.”

stocks its stores with household goods, cosmetics, and food at low prices. After opening its first store in Guangzhou, in 2013, has opened 4,200 plus stores in more than 80 countries and regions in seven years.

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