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MINISO Group Holding ( (MNSO) ) just unveiled an update.
MINISO Group Holding Limited has announced a renewed Procurement of Cosmetics and Beauty Products Framework Agreement, emphasizing a fair and market-based pricing policy. The strategy reflects the company’s response to increasing demand for branded cosmetics, intending to expand procurement from third-party brands to align with market trends and anticipated growth in 2025. Internal control measures are in place to ensure transactions under this agreement are conducted on normal commercial terms, aiming to maintain stable transaction amounts while exploring new procurement channels.
More about MINISO Group Holding
MINISO Group Holding Limited is a company incorporated in the Cayman Islands, operating in the retail industry with a focus on a variety of consumer goods, including cosmetics and beauty products. The company is known for sourcing and offering third-party branded cosmetics and beauty products, leveraging strategic procurement agreements to meet market demand.
YTD Price Performance: 18.00%
Average Trading Volume: 2,795,651
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.29B
For detailed information about MNSO stock, go to TipRanks’ Stock Analysis page.
