Is Sa Sa’s store closure in China a tactical withdrawal or strategic surrender?
Inside Retail
JULY 1, 2025
Hong Kong-listed multi-brand beauty retailer Sa Sa International Holdings has shuttered all of its remaining stores in Mainland China, drawing a line under a decade-long push into the world’s second-largest beauty market. per cent to close at HK$0.54 billion, while net profit plunged 64.8 per cent to HK$88.1
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