What is Sasa.com? Sasa.com Review

Group Introduction

Sa Sa International Holdings Limited ("Sa Sa" or the "Group"; stock code: 0178) is a leading beauty retail group in Asia. It provides customers with a comprehensive range of high-quality products with the concept of "one-stop cosmetics specialty store", selling more than 700 product brands, covering skin care, perfume, makeup, hair care, body care products and beauty nutrition food, etc. Sa Sa operates more than 230 retail stores in the Hong Kong and Macau Special Administrative Regions, Mainland China and Malaysia, and provides customers with a convenient shopping experience through a multi-channel online platform.

The Group was listed on the Main Board of the Stock Exchange of Hong Kong Limited in 1997 and is a constituent stock of the Hang Seng Composite Small Cap Index, the FTSE All-World Index Series and the MSCI Index. It has been selected as a constituent stock of the Hang Seng Corporate Sustainability Benchmark Index Series since 2011. Sa Sa has also become an eligible stock for the Shenzhen-Hong Kong Stock Connect since 2016.

Business Scope

1. Retail business

The Group sells over 700 brands and a total of more than 18,000 skin care products, perfumes, cosmetics, hair care and body care products, beauty and nutritional foods, as well as the Group's own brands and exclusively represented branded products.

The Group's retail network in Asia includes more than 230 "Sasa" stores selling multiple brands and a La Colline store. In addition, the e-commerce platform sasa.com and mobile applications provide 24-hour online retail services and the latest product information to customers in more than 100 countries around the world. In line with the new retail era, the Group is actively integrating physical stores and e-commerce businesses, and is committed to creating a seamless online and offline shopping experience for customers.

2. Brand management business

In addition to selling its own brand products, the Group is also the exclusive agent for several international cosmetics brands in Asia. Sa Sa is currently one of the largest cosmetics agents in Hong Kong, responsible for brand management, promotion and distribution of exclusive brands. The Group currently exclusively represents more than 180 major beauty brands, including La Colline, Suisse Programme, Mèthode Swiss, Eleanor and Cyber ​​Colors.

Corporate Culture

Vision: To become the leading cosmetics retail group in Asia

mission:

Maximizing returns for shareholders

Give employees the opportunity to improve themselves and pursue excellence

Maintain strategic partnerships with suppliers

Provide customers with the best quality products and the best shopping experience

Maintain constant communication with the community to understand the needs of different people

Development History

In 2020, in cooperation with Shopee, SaSa opened the first SaSa online store in Southeast Asia. The SaSa WeChat Mini Program won the 2020 "WeChat Power—Smart Service of the Year" Award.

In 2018, the Group celebrated its 40th anniversary. Sa Sa joined hands with Bank of China (Hong Kong) and UnionPay International to launch the Bank of China Sa Sa Dual Currency Credit Card. The Group cooperated with Taobao Global Shopping. Sa Sa entered the West Kowloon Station of the Guangzhou-Shenzhen-Hong Kong High Speed ​​Rail (Hong Kong Section) to seize the huge opportunities in the Greater Bay Area.

In 2017, Sa Sa Micro Mall started operations. Sa Sa.com launched a mobile app in the Chinese market. Sa Sa.com reached a strategic cooperation agreement with NetEase Kaola, a cross-border e-commerce platform under NetEase. Sa Sa Tmall International flagship store opened. Exclusive brand Eleanor officially landed in Hong Kong, with the first specialty store and pop-up store grandly debuted outside Sa Sa Supreme and Hysan Place in Causeway Bay respectively.

In 2016, the group's new boutiques Sa Sa Boutique and SHINE officially opened. The group signed cooperation plans with Tencent and JD.com. The first self-operated 020 store officially opened in Shanghai.

In 2015, the group launched a new brand image that echoes the brand's pursuit of feminine aesthetics.

In 2014, we sponsored the "Sa Sa Women's Purse Day" for the tenth consecutive year.

In 2013, Sa Sa Group celebrated its 35th anniversary.

Sa SaSupreme, the first lifestyle concept store in Asia Pacific, opened in Causeway Bay, covering an area of ​​20,000 square feet.

"Sa Sa Beautiful Life Charity Fund" was officially established.

In 2012, the first "SaSa" store opened in the mainland city of Dalian.

In 2011, the 200th store in Asia opened. Sa Sa became a constituent stock of the Hang Seng Corporate Sustainability Benchmark Index.

In 2010, SaSa stores opened in Tianjin, Yichang, Ningbo and Shaoxing, and its retail network covers more than 10 cities in mainland China.

In 2009, the first "Suisse Programme" store opened in Hong Kong.

2008, 30th anniversary celebration.

The 100th store in Asia.

Sa Sa sold its beauty business and focused on its core retail and brand management businesses.

The first five stores opened in the capital Beijing.

In 2006, the first "Suisse Programme" beauty counter in mainland China opened.

In 2005, the first store in mainland China opened in Shanghai.

In 2002, Sa Sa was appointed as the exclusive agent for Elizabeth Arden, one of the world's leading luxury brands, in the Hong Kong and Macau markets.

In 2000, the La Colline specialty store opened.

sasa.com is launched, allowing customers to purchase beauty products online at any time.

In 1998, the first store in Malaysia opened.

In June 1997, Sa Sa was listed on the Main Board of the Hong Kong Stock Exchange, with shares oversubscribed by more than 500 times. The first stores in Macau, Taiwan and Singapore opened.

In 1992, the first branch opened in Tsim Sha Tsui, Hong Kong.

In 1990, the first "Sa Sa" cosmetics store opened in Causeway Bay, Hong Kong.

In 1978, Mrs. Kwok Lo Kwai Chun and her husband Mr. Kwok Siu Ming started their cosmetics retail business in a 40-square-foot "Sa Sa" cosmetics counter in Hong Kong.

References