• The closure will affect a total of 170 employees, who will be fully compensated in accordance with local laws, Sasa said.
  • After recording six years of losses in Singapore, Hong Kong cosmetics giant Sasa will close all 22 of its retail stores in the Republic.
  • Announcing the decision on Monday (Dec 2), the retailer said the move will affect a total of 170 employees, who will be fully compensated in accordance with local employment laws and regulations.
  • For the six months ended September 30, the turnover for its Singapore operations was HK$99.4 million (S$17.3 million), a decline of 4.6 per cent from last year.

Read full article: businessinsider.sg

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