Sa Sa tries on new e-commerce face in China as its Hong Kong core shrinks
The cosmetics retailer said revenue from its core Hong Kong and Macao markets fell by 11% to 12% in its fiscal year through March, causing profits to plunge by up…
Mao Geping’s Hong Kong IPO gets lift from regulatory nod
The planned listing by China’s second-ranking domestic cosmetics brand has been approved by the Mainland Chinese securities regulator Key Takeaways: Mao Geping’s Hong Kong IPO has been cleared by the…
Meitu looks for new growth story as China’s economy slows
The beauty app operator expects to report its adjusted profit rose 80% or more in the first half of the year, representing a sharp slowdown from the growth rate in…
Chicmax finds timeless profit formula in anti-aging skincare
Calculations using new company data show its revenue rose 77% in the second half of last year, while its profit quadrupled Key Takeaways: Chicmax said it expects to report its…
Makeover complete? Yatsen says the worst may be behind it
The cosmetics and skincare company said it will boost its share repurchase plan, seeking to prop up its shares after it reported its revenue fell in the third quarter Key…