Sa Sa sells beauty salon business

Published: 21-Feb-2008

Hong Kong retailer, Sa Sa International Holdings has announced it is to sell beauty salon business, Lisbeth Enterprises Ltd to Fullgoal International Ltd in a deal worth HK$20m.


Hong Kong retailer, Sa Sa International Holdings has announced it is to sell beauty salon business, Lisbeth Enterprises Ltd to Fullgoal International Ltd in a deal worth HK$20m.

The beauty salon business currently operates eight ladies’ health and beauty salons in Hong Kong, Malaysia, Singapore and Thailand under the Phillip Wain name, and a men’s salon in Hong Kong. Unaudited results show the business posted a net profit HK$1.27m for the year ended March 2007.

The sale is said to be in line with Sa Sa’s plan to focus on core retail businesses.

See more

You may also like

Packaging

Amcor’s CleanStream technology recognised by Luxe Pack in Green Award

Read more
Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has won a Luxe Pack in Green Award for its CleanStream® recycling technology

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
    Behind Trinny London’s ‘global-first’ innovation aiming to help consumers ditch foundation Founder Trinny Woodall and Chief Innovation Officer Claire Byrne tell Cosmetic Business how they tapped exosome technology to deliver a highly effective vitamin C and azelaic acid serum without irritation
  2. Cosmetics Business reveals the top 5 hair care trends of 2025 in new report As scalp care and hair growth products thrive, brands are tapping into the connection between hair health and wellness to give consumers an emotional uplift
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    Merging of tech and wellness among Mintel's top 2026 beauty predictions Beauty experiences are predicted to shift from delivering results to regulating mood and evoking emotion, while imperfection will be celebrated as the ‘new perfection’
  4. You need to be a subscriber to read this article.
    Click here to find out more.
    L’Oréal launches first Lancôme device offering microneedling-inspired treatments at home The gadget serves 'demand for high-performance skin care solutions outside of clinical settings', Paul Tartrat, Beauty Tech and Innovation Director at Lancôme International, told Cosmetics Business
  5. Brand loyalty in question amid growing ‘skin care switcher’ consumer segment Social media is also exacerbating the lack of loyalty among consumers, as TikTok and Instagram’s viral skin care routines can trigger mass brand-hopping overnight, according to new research

Upcoming event

London Packaging Week 2025

15-16 October 2025 | London, UK See all

You may also like

Packaging

Amcor’s CleanStream technology recognised by Luxe Pack in Green Award

Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has won a Luxe Pack in Green Award for its CleanStream® recycling technology
Manufacturing

Day in the life of female founder in manufacturing

Breaking the mould in the manufacturing industry
You need to be a subscriber to read this article.
Click here to find out more.
Regulatory

Analysis: What’s the future for SPF after Australia’s testing scandal?

Consumer trust in SPF has taken a hit, and innovation could be stifled after dozens of sunscreens were found to be offering less protection than promised in Australia. But new testing methods could be adopted more swiftly, too
Finance

Former Unilever-CEO Vasiliki Petrou launches beauty investment fund Veralis Group

Petrou unveils Veralis Group, a new investment and advisory firm focused on scaling founder-led beauty, wellness, and health businesses
Research & Development

Estée Lauder Companies unveils winners of India Beauty & You 2025 initiative

Four Indian beauty start-ups secure mentorship, grants and retail exposure through Estée Lauder’s Beauty & You initiative partnership with Nykaa and Startup India
Finance

The Body Shop is breaking back into the US market

The relaunch will see the British beauty business launch a dedicated online store and a digital storefront on Amazon
You need to be a subscriber to read this article.
Click here to find out more.
Packaging

Can custom beauty packaging ever be affordable?

A wider choice of mix-and-match options means that brands can opt for bespoke solutions without breaking the bank, reports Lynsey Barber
Subscribe now