Chinese New Year boosts Sa Sa

Asia’s cosmetics retailing leader Sa Sa has achieved about 30 per cent sales growth for the first week of the Chinese New Year (from February10 to 16) in Hong Kong and Macau.

Same store sales grew by about 20 per cent compared last year, attributed to the growing number of mainland tourists.

“While Chinese New Year was in January in 2012, it fell into February this year and local consumer sentiment improved during the month,” said chairman and CEO Simon Kwok.

Sa Sa operates more than 260 stores and counters in Asia that sell more than 600 brands of make-up, skin care, fragrance and hair care products including its own brands and other exclusive international brands.

GB

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