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Skincare and cosmetics retailer Sa Sa International Holdings Ltd on Thursday posted a 14.5 percent rise in first-half net profit as consumer sentiment and mainland tourist arrivals improved. The Hong Kong-based retail chain operator’s net profit rose to…
Despite typhoons and poor tourist numbers buffeting sales for discount cosmetics chain Sa Sa International Holdings in its second quarter, it still managed to grow turnover. Its retail and wholesale turnover increased by 1.1 per cent year on year to HK$1.918…
Sa Sa sales in Hong Kong and Macau grew by 2.4 per cent for the first quarter, but same-store sales dropped by 2.5 per cent. Sa Sa says the unaudited figures were weaker than the previous quarter, affected by a particularly quiet June which was marked by…
Leaders of businesses that have interests in China generally do not like to talk politics but the chairman of Hong Kong cosmetics chain Sa Sa International is an exception. He said Thursday that China’s tighter border security and Beijing’s rocky ties with…
Shares of Sa Sa International Holdings, Hong Kong’s largest cosmetics chain, declined almost 1% here on Wednesday morning after the company warned of a profit decline for the financial year ended in March. Although Sa Sa’s turnover during the three months…
With more tourists from the mainland, cosmetic retailer Sa Sa International Holdings saw a 3.5 per cent upswing in sales in Hong Kong and Macau during the Lunar New Year (January 28 to February 3). It says there were 10.7 per cent more transactions by…
Sales performance has improved marginally for cosmetics chain Sa Sa International Holdings for its third quarter, to the end of December. This was mainly a result of a rise in numbers of mainland customers driving a 5.4 per cent increase in the number of…
In a sign of how far confidence in the yuan has fallen, 7-Eleven stores are valuing the Chinese currency on a par with the Hong Kong dollar, which was last seen in 2007. One yuan fetched HK$1.12 on the foreign currency market yesterday. While China’s currency…
Chinese-based online social media platform parent Tencent has opened a Singapore office to help drive Asian brands improve their reach to Chinese consumers. Tencent, which owns the WeChat messaging and browsing platform, has created an International Business…
In the period ending September 30th 2016, Sa Sa International’s turnover reached HK$3.63 bn (€442.2 mn), a 4% drop from HK$3.78 bn (€460.5 mn) compared to last year’s results. Sa Sa totalled profits of HK$96 mn (€11.7mn), indicating a 37.3% drop from last…
Hong Kong-based Sa Sa International Holdings has reported a drop in profits of 37.3 percent for the first six months, due to a poor retail environment in the mainland with a poor tourist footfall. Profits fell to HK$96 million as retail sales dropped by 3.6…
Twilight has come for the retail industry in Hong Kong, said cosmetic outlet operator Sa Sa International (0178) chairman Simon Kwok Siu-ming, although he remains optimistic of better days ahead. The week-long national holiday saw improved sales for the firm,…
Sa Sa sales are slowing, despite an improvement in Mainland Chinese visitor numbers. Retail and wholesale turnover for cosmetics retailer Sa Sa International Holdings fell by 5.7 per cent for the first quarter to June 30, according to unaudited data. Turnover…
New Sa Sa stores are set to open in train stations and near the Mainland China border as the beauty retailer adapts to the changing demographic of Hong Kong shoppers. During a press conference discussing the group’s results last week, Sa Sa chairman Simon…
Shares of Sa Sa International are up 27% in the past month as Chinese tourist arrivals to Hong Kong showed signs of a recovery – but it may not yet be time to put the marked down cosmetics retailer in the shopping basket. Once a market darling, Sa Sa has…
Hong Kong-listed beauty products retailer Sa Sa International says its retail and wholesale turnover fell 15.1 per cent in the last quarter. And in the Hong Kong and Macau markets, turnover tumbled 17.9 per cent for the quarter ended March 31, while…
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