Sa Sa International, a leading beauty product retailing group in Asia, reported that unaudited third-quarter sales for the period ending December 31, 2024, reached HKD 1.05 billion ($134.5 million), down 10.7% YoY. Offline sales hit HKD 875.2 million ($111.7 million), a decline of 7.9% compared to the first half of the year. Hong Kong and Macau remained key markets, where revenue was down 8.1% YoY, while mainland China saw a sharp 35.8% drop in sales. To address this, Sa Sa is restructuring and reducing its mainland offline operations. As of December 31, 2024, Sa Sa had 175 retail stores, 10 fewer than last year, with a notable decline in mainland China stores.