Sun Yuanwen also wantd to be a collection store that collects all kinds of trendy games, but he was worrie that there would be problems with selling so many IPs in one store. During the epidemic last year, the sci-fi movie “Ready Player One” watche by Sun Yuanwen gave him great inspiration and confidence to be a fashion play collection store. He found that the film connecte more than 100 IPs in just over two hours. After having the idea of Chowan’s business, Sun Yamen’s next step is to verify the feasibility of the idea and business.
The Fast Fashion Giant, Sun Yuanwen Joined Miniso
Then, Sun Yuanwen compare Chaowan with other consumer goods markets. Relevant data shows that the compound growth rate of China’s fashion play market has reach 34.6% in the Uruguay Email List past five years, and it is expect that the compound growth rate will excee 40% in the next five years. “The trendy toy market is growing much faster than many consumer products,” he said.
Sun Yuanwen Also Has A Deep Understanding Of The Retail Market
Of course, more importantly, by analyzing the sales data of a large number of MINISO members, it is found that the trendy toys categories such as blind boxes and building blocks have grown faster and faster in the past two or three years. “These are very good support for our entrepreneurial ideas.” Sun Yuanwen said. On the 18th of that month, its first flagship store in the world opene in Guangzhou Grandview Plaza. At the beginning of its establishment, TOP TOY set up Flag, to be a warm fashion play company, to warm every young person rationally.