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The great discount wave: Amazon isn’t the only threat to Australian retail

In 2011, just as Amazon was beginning its meteoric rise to become one of the highest valued stocks in America, two business partners shook hands on a variety store concept that would take Southeast Asia by storm.  Japanese designer Junya Miyake and Chinese entrepreneur Ye Guofu became the visionaries behind Miniso, a retail business that has opened more than 1,800 stores in Asia, Europe, the Americas and now Australia in less than seven years.  The company hopes to open more than 6,000 stores