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MARKET PULSE · Mainland China

Mixue store closures expose pressure behind rapid expansion

Nikkei Asia reported that Mixue is closing more outlets as its high-speed franchise growth model comes under pressure. Mixue shares have fallen 56% in 2026, while its first Hong Kong store was among the outlets closed in October.

By F&BSG Editorial · F&BSG edition · Original source: Nikkei Asia · Source published

What happened

Nikkei Asia reported that Mixue is closing more outlets as its high-speed franchise growth model comes under pressure. Mixue shares have fallen 56% in 2026, while its first Hong Kong store was among the outlets closed in October.

Source and editorial note

This is F&BSG’s summary of reporting by Nikkei Asia. Read the original source for the full context and any subsequent updates.

Read the original at Nikkei Asia ↗

F&BSG’s summaries are informational and may become outdated. For corrections, see the editorial policy.

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