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socrates469bc

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Posts posted by socrates469bc

  1. 45 minutes ago, meng.huat said:

     

    U r right 80%, most ATB like to go sephora for their regular cosmetics. 

    Some a but sophiscated, ask for korean shops... like Sulwhasooo, su:m for some expensive esscense.. (bring her at your credit card's discretion)

    Some tried their luck to ask to go YSL to buy lipsticks... (big fucking trap, dont go!)

     

    but, sometimes they specifically ask for SaSa for basic items, like night mask or bb cream.

     

    up-market branded cosmetic and skin-care products abt 30% cheaper in sgp compared to china.

     

    so everytime i go shanghai, my atb gf will give me 2 lists.

     

    one is what she wants me to buy for her.

     

    the other is what she wants to dai buy for her friends.

  2. 9 minutes ago, The_King said:

    Root beer there better quality out there and  NTUC selling

     

     

    For chicken better also same. Lousy mean lousy

     

    as i understand from the main franchisee, there is s slight twit in the syrup and mixture dosage being used in the restaurant.

     

    thats why those sold in a&w better taste better than ntuc.

  3. 8 minutes ago, chamfer said:

    I hardly go sasa except one time to buy xmas gift for a female colleague.

     

    But i do see some outlets doing ok while some outlets less people.

     

    not surprising.

     

    sasa targets mass market so is more middle class in terms of spending. under a more subdued economic environment, of cos less discretionary spending on cosmetic but u will still be willing to spend for quality skin care products.

     

    secondly, the quality of sasa products is lower than sephora, thus, most will choose to buy at sephora, especially for skin care.

     

    lastly but not least, the influx of cheap korean cosmetic kits basically outpriced those at sasa.

    • Like 2
  4. 9 hours ago, The_King said:

    SINGAPORE - All 22 Sasa International shops in Singapore will be shut down, the cosmetics retailer announced on Monday (Dec 2), in a move that is likely to affect about 170 workers.

    It said its decision came after its stores here recorded losses for six consecutive years despite its efforts to turn the business around.

    "In order to improve the performance of the Singapore market, the group had taken measures in recent years to restructure the local management team and to enhance store display and product mix with a view to driving sales.

    "Regrettably, the results were far from satisfactory," Sasa said in a statement.

    In the six months ended Sept 30, its Singapore operations recorded a turnover of HK$99.4 million (S$17.3 million), a decline of 4.6 per cent from last year.

    Sasa said the 170 employees will be fully compensated according to Singapore's employment regulations.

     
     

    The latest move is part of Sasa's strategy to focus on its core market in Hong Kong, which has become more difficult due to a drastic decline in mainland China's tourist arrivals, the cosmetic retailer added.

     

    It would also allow its management team that manages both the Singapore and Malaysia markets to focus on Malaysia which Sasa said had a higher potential for further development.

    To make up for the loss in the Singapore market and the declining business in Hong Kong, Sasa said it will continue to expand in mainland China, as well as accelerate the development of its e-commerce business.

     

    It said that it remains a viable business with sufficient funds for operations.

    "The termination of the leases in Singapore is not expected to have any significant impact on the operations of the group, as the group operates a total of 265 stores, only 22 of them are located in Singapore," it said.

    As of Sept 30, its cash and bank balances also amounted to HK$788.7 million, which is "adequate for its operational needs", the company said.

     

    https://www.straitstimes.com/singapore/sasa-to-close-all-22-cosmetic-retail-shops-in-singapore-170-staff-affected

     

    12 minutes ago, Homelander said:

    End of Sasa...for a moment i thot its was Sephora

     

    alrdy said a long time ago that an economy which is highly dependent of tourism and retail is always a boom-and-bust strategy, but loong loong too stupid and stubborn to listen.

     

    bte, most atbs r willing to spend in sephora, so sephora is safe for the time being. 

     

    dont believe, can confirm with our in-house atb sexperts @HarrisY kgk xdd and @meng.huat kor kor.

     

    sasa is targeted at young ols and teenage girls so their product range is usually cosmetic and lower-end skin care products while sephora carries mostly upmarket brands catering to those with upper-middle class spending power or kgks wanting to impress their atb gfs. 

    • Like 1
  5. walk the talk b4 commenting, stupid edb md.

     

    what signal is the govt sending when dbs, the national champion bank and majority govt-owned, is having a failed indian entrepreneur as ceo????

     

    the reason why there r not many sgp-born ceos is becos most mncs prefer hiring their own nationality of origin as their person in charge.

     

    none of the jap/american/european banks/mnc i have biz dealings with have a local as their trading chief or cio, whats more as the ceo.

     

    secondly, as most of the local-incorporated big companies r majority family-owned, they dont welcome outsiders as ceo no matter how incompetent their own blood is.

     

    the only exception maybe wilmar becos their american partner insist on best practice, so their operations r very professionalized to the degree that their board consists only of 2 other kuoks who r non-excutive.

    • Like 2
  6. 2 hours ago, XianGe said:

    With higher budget, sinkieland footy can still lag behind laos which is unexplainable... They were miles away when Lim tong hai was still scoring own goals... Decades later they are better than sinkieland... Infact the entire SEA has progressed except sinkieland... if this is not human issue wat is...

     

    this is what happened when u put a politician/bootlicker/saf colonel in leadership position.

    • Wahaha 1
  7. mid valley southkey mall is quite well designed but i really have my doubts on the overall project on my last all expense-paid evaluation trip there.

     

    supposedly will have 3 hotels with 5-star rating and a mixed commercial-retail-residential development, much like their mid valley kl development.

     

    the pricing the developer gave me is more expensive than kl price.

     

    i really cant see where the buyers for this jb development will come from despite my contact's best effort to con me.

     

    except for the shopping mall and a few rows of completed plus partially-occupied shophouses, basically there r no other new construction work going on.

     

    my guess is that they r having a hard time attracting the kgks and securing bank financing.

     

    havent go toppen yet since no one offering me all expense-paid trip there.

     

     

    • wtf 1
  8. 7 hours ago, Homelander said:

     

    Yeah i dunno what they are doing...never develop academies...never support local existing players...dunno do simi sai

     

    5 hours ago, XianGe said:

     

    Could be another case of deep seated cultural issue in sg football scene... 

     

    theres a serious work ethics issue in sgp football whereby the players r not working as hard as they r supposed to as professionals.

     

    look at how hard albirex niigata trains will put all the s-league teams and most of the teams in sea to shame.

     

    https://www.scmp.com/week-asia/society/article/3011755/how-japanese-club-albirex-niigata-scored-big-singapore-soccer

     

    secondly, it is to do with the football program at the national level.

     

    in nippon, football is a compulsory class for school students and they have a high school tournament which is nationally televised.

     

    with such a national program, this makes it easier to spot and train talents.

     

    there is much sgp can learn from the nippons.

     

    • Like 2
  9. so kgk xdd going to enrol in ntu grad political economic course using psea and skillfuture credit????

     

    but since u only o-level, need to go poly study for diploma first.

     

    total all in, u need to study 5-6 yrs to go grad school.

     

    by the time u finish, the young aunty professor is alrdy old aunty.

    • Like 1
    • Wahaha 1
  10. 19 hours ago, The_King said:

     

    sgp manufacturing numbers r exposed to order front-loading excessively due to its open nature, thus the wide fluctuation.

     

    a more accurate manufacturing number is using the seasonally adjusted number.

     

    taken together with the seasonally adjusted export figure will then give the true health of the economy.

     

    a falling seasonally adjusted nodex with a rising seasonally adjusted manufacturing number means there is substantial order front-loading.

     

    this means high possibility of further contraction ahead when the forward orders r digested.

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