Free Subscription

  • Access 15 free news articles each month


Try one month for $5
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

LA’s NYX Cosmetics quits Hong Kong

In an ongoing winding down of its Asian operations L’Oreal-owned NYX Cosmetics has announced in a Facebook post the pending closures of its stores across Hong Kong and Macau.

The move follows the brand’s Malaysian exit and was described as part of a “business strategy readjustment”.

NYX announced its Hong Kong departure on Facebook.

The brand entered Hong Kong three years ago and currently has six retail stores: three flagships in Sha Tin, Mong Kok and Tuen Muen, and three counters in department stores.

The company has not given a definite date of the closures, but it advised loyal customers to redeeming their membership points before September 15.

So far, NYX does not have an online e-commerce presence in Hong Kong and Macau and it is not ranged by local marketplaces.

You have 7 free articles.