THE WHAT? Sasa has revealed that it will open just five to seven stores across Hong Kong and Macau this year, despite shrinking its network by a third over the course of the pandemic, according to a report published by Bloomberg.
THE DETAILS The Hong Kong-based perfumery chain’s conservative store opening schedule reflects Hong Kong’s continuing low tourist numbers – down 74 percent in February compared to 2019 figures as well as the emergence of rival shopping hubs in Macau and…