What 1.4 billion consumers? Mannings China exit extends foreign retail exodus
The withdrawal by Hong Kong’s largest health and beauty chain comes as parent DFI trims its money-losing assets, and follows a similar departure this year by peer Sa Sa International…
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…
Eternal Beauty wafts towards Hong Kong listing
The perfume and cosmetics group sees room for growth as Chinese consumers develop a stronger desire for branded scents and home fragrances Key Takeaways: Eternal Beauty’s revenues rose nearly 10%…
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