Cosmetics retailer Sa Sa to close all stores in Taiwan
Hong Kong headquartered Sa Sa International Holdings Limited has announced it will close all stores in Taiwan to concentrate its resources on mainland China, Hong Kong, Macau, Singapore and Malaysia markets as well as its e-commerce business. The decision comes after six consecutive years of losses in the island and several attempts to reorganise the operations and reduce costs. For the 10 months ended 31 January 2018, Sa Sa's turnover in Taiwan decreased by 11.5% in local currency terms (...) -
A new factory for Crystal Claire Cosmetics!
The Canadian firm is taking advantage of the momentum in the makeup industry across the world and more particularly from North America, to invest in a new 20,000 m2 facility in Scarborough near Toronto, which should be operational next March, thus increasing its production area by 5,000 m² vs. the former site. Amount invested: $40 million. Crystal Group currently employs more than 3,000 people (2,000 in China, 300 in Taiwan and 800 in Canada) for a turnover of $250 million. Overview with (...) -
As China Puts Pressure on Taiwan, Signs of a U.S. Pushback
Concern about the self-governing island’s fate seems to be building in Washington, even as President Trump seeks China’s help on other issues.
Caught on Camera: Out-of-control boulder nearly crushes driver in Taiwan
An out-of-control boulder came just feet away from hitting a driver in Taiwan in this shocking near-miss caught on camera.