While Miniso has achieved significant success, it has not been without its challenges. Competition in the retail sector is fierce, and maintaining consistent growth in the face of evolving consumer preferences remains a constant hurdle. Competitive Landscape: The competitive landscape in the retail industry is fiercely contested, with players ranging from traditional brick-and-mortar stores to e-commerce giants vying for market share. Within this dynamic environment, Miniso faces competition from both established retailers and online marketplaces. Staying ahead requires constant innovation, strategic partnerships, and a deep understanding of evolving consumer preferences.…
The Miniso Effect: How It’s Changing the Retail Landscape
