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Sa Sa International, a prominent beauty retailer, has recently disclosed a decrease in both sales and profits for its most recent fiscal year. This downturn is attributed to unfavorable market conditions in Hong Kong and Macau, the principal markets for the…
Sa Sa International Holdings (0178), the cosmetics and skincare retailer, said yesterday retail and wholesale turnover for the first quarter ended June 30 increased by 24.8 percent over the same period the year to HK$2.11 billion. The retail and wholesale…
Sasa International‘s annual attributable profit surged 275.8 percent to HK$218.9 million (US$28 million), as mainland Chinese tourists returned as the borders between Hong Kong, Macau, and Mainland China reopened. During the year, turnover rose 24.8 percent…
Sa Sa is pleased to announce today its official entry onto foodpanda mall in Hong Kong, an online grocery and goods shopping mall under foodpanda. Through foodpanda mall’s round-the-clock delivery service, Sa Sa will open up for local customers a more…
Plummeting sales and write-downs have led Hong Kong-headquartered beauty-products retailer Sa Sa International to warn of a loss of up to US$38 million in the September half year. “The global Covid outbreak has affected the operation of all of the group’s…
Hong Kong-based cosmetics & personal care chain SaSa has set up personal online stores for its beauty consultants to provide a new sales channel for the brand’s customer-facing staff in partnership with the e-commerce platform Boutir. The solution uses the…
Beauty-products retailer Sa Sa International saw sales plunge 67.9 percent in the June quarter due to the collapse in mainland tourist arrivals in the city. Sales in Hong Kong and Macau, its core market, fell by 74.3 percent with same-store sales down 71.9…
Beauty-products retailer Sa Sa International says it will continue to renegotiate rents and quit locations where it cannot get satisfactory rent reductions as it struggles to return to profitability in the decimated Hong Kong retail market. The company has…
Beauty-products retailer Sa Sa International says it expects to post a record loss as high as HK$600 million (US$77.4 million) for the March year due to the collapse of Hong Kong’s tourism market in the wake of the Covid-19 crisis. In a profit warning,…
Fourth-quarter sales of beauty-products retailer Sa Sa International plummeted 62 percent in Hong Kong and Macau as the coronavirus pandemic brought to a halt inbound tourism from Mainland China. Sales to mainlanders in Hong Kong and Macau slumped by 80.8…
Hong Kong-headquartered cosmetics retailer Sa Sa International has relaunched its presence in Singapore with an exclusive online partnership with e-commerce platform Shopee. Following the firm’s exit from the territory, last year and the closure of all its…
SaSa has launched a flagship store on online shopping platform HKTVmall. The SaSa flagship offers more than 1200 SKUs, consisting of trendy skin care, make-up, fragrances and personal care products. The group intends to leverage the platform’s big data…
Hong Kong beauty products retail Sa Sa International has reported a 7.2 per cent decline in sales for the March quarter. The company’s home market and Macau were to blame, with same-store sales falling 10.8 per cent and combined retail and wholesale turnover…
Sa Sa International sales slipped 2.2 per cent in the latest quarter, with same-store sales in Hong Kong and Macau down 3.7 per cent. The company says that while the transaction volume of mainland tourists rose 5.8 per cent in the three months to December 31,…
Sasa profits soared 34.7 per cent in the last financial year, as sales at Hong Kong and Macau stores posted solid gains. Sasa’s parent Sa Sa International says group sales rose 6.2 per cent to HK$8.018 billion (US$1.022 billion), driven by a 7.9 per cent…
Simon Kwok Siu-ming, chairman and CEO of Hong Kong’s biggest retailer of cosmetics and skincare products, does not hide his tricks to look younger than his 64 years. He said: “I use masks [on my face] when I’m watching football. I care about my hair, as hair…
