July 2019 – HuXiu

All July 24, 2019July 31, 2019 by Bruce Han

Booming OYO Braked in China

Global hotel and home chain OYO has funded money again recently. As Wall Street Journal reported, OYO’s founder and Chief Executive Ritesh Agarwal led a $2 billion share buyback in the company on 19th July. The buyback, which is still subject to shareholders and regulatory approvals, will be operated through a Cayman Islands company called …

All July 9, 2019July 10, 2020 by Bruce Han

MINISO, “Fair-priced MUJI Style” Has Beaten MUJI

MUJI, the Japanese based designer brand claiming to stick to the life philosophy of “simplicity” and “good quality” — seems to have lost its original attraction in the Chinese market. Meantime, local Chinese brands of fair-priced household commodities, which advocate similar MUJI style, are prospering at a fast expanding rate. MINISO is one of the …