China'S Famous And Excellent Products Took Over Canada'S Business Plan, Adding More Than 500 Stores In Three Years

Recently, China's famous and excellent products with "cheap and good goods" have announced that they have formally taken over all the business of Canadian famous brand products.

It is because the Canadian agent of Miniso, a famous and excellent product, has a business problem because of fraud. It was brought up by the China headquarters in December 2018, causing the industry's concern about its Canadian business.

You know, in 2013, Miniso, a retail brand name and excellent product, opened a new store in China to open the domestic market at a fair price of "10 yuan shop".

After 4 years of development, sales of famous and excellent products Miniso reached 12 billion in 2017. Not only that, the world's famous and excellent products stores have reached more than 3000, and they have achieved remarkable results.

In 2015, Miniso, a famous and excellent product, began to actively explore overseas business, and officially entered Canada in April 2017 through its local agents.

Up to now, Miniso has 50 stores in Canada, distributed in British Columbia, Alberta, Ontario, Quebec and Nova Scotia provinces.

In addition, China's top quality products also announced that it would take over the ownership of Canadian stores in addition to Canada's top quality products, and add more than 500 new stores in Canada in the next three years.

It is reported that Moss, former general manager of South Africa, resigned for personal reasons in October 31, 2018, and Wei Feng, the deputy general manager of the former Brazil state, also formally left in December 11, 2018.

It is worth noting that Miniso announced in March 13th that it signed the cooperation agreement with the representatives of 4 countries from Garner, Oman, Portugal and Spain respectively in Guangzhou, and will jointly promote the development of the MINISO brand in the local market.

So far, the number of countries and regions signed by Miniso has reached 86, which is a step closer to the medium-term strategic goal of "100 billion stores".

At the same time, Miniso has officially announced its official cooperation with the world-renowned IP man Wei, developing a series of peripheral products and selling them to more than 100 countries.

It is reported that the authorised Miniso has opened the IP authorization of 123 countries to the name of the best quality product in one time, and authorized the area across five continents. The authorized product covers 13 product categories of Miniso, which is also unprecedented.