Photo: Google MapsRetail chain Yoyoso has been placed into liquidation owing millions of dollars, and liquidators say it is unlikely unsecured creditors will get their money back. The Yoyoso group includes the retail brands Yoyoso, Miniso and Acecco. Liquidators McDonald Vague said when the chain went into liquidation there were eight shops trading around Auckland but those would close through this month. "The Yoyoso and Miniso stores have continued to trade to reduce the stock levels at each of the stores. Retail consultant Chris Wilkinson, from First Retail Group, said it was part of a general trend in which shoppers looking for things that Yoyoso sold would shop on Temu, AliExpress or Shein instead.

Source: Otago Daily Times January 12, 2026 08:06 UTC