osim

Retail Asia10/01/2019

Private Equity firm KKR has taken up a “significant stake” in massage chair and lifestyle products group V3, the owner of the OSIM and TWG Tea brands. KKR’s investment is up to S$500 million in V3, valuing V3 at an enterprise value of about S$1.7 billion. However, Both parties declined to comment on the exact mix […]

Retail Asia06/12/2018

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Private equity company KKR is to invest as much as S$500 million (US$366 million) into V3, the parent of cafe chain TWG Tea and massage chair retailer Osim, to fund regional expansion. In a deal which mixes equity and financing, KKR will take an unspecified “significant stake” in V3, which is effectively valued at S$1.7 […]

Retail Asia10/11/2015

Health appliance retailer Osim says its core business is helping it maintain stable gross margins in a retail market it described as “soft” throughout the region. Osim’s core is its 546-strong chain of Osim branded stores in 23 countries, which sell therapeutic devices including massage aids. Nearly half of those stores are in Mainland China. […]

Retail Asia28/07/2015

Singapore based lifestyle products retailer Osim says trade across all its core markets were soft in the last three months. “This has been another challenging quarter,” the company said, declaring sales of SG$159 million and a profit of $29 million. “Despite these challenges, our dominant brand has enabled us to maintain a stable gross margin […]

Retail Asia26/07/2015

A weak retail scene hit second-quarter sales at Osim International. Revenue for the three months to June 30 was down 12.7 per cent to $159.5 million, while net profit declined 25.5 per cent to $21.9 million. Despite soft retail sales across its core countries, “our dominant brand has enabled us to maintain a stable gross […]

Retail Asia14/05/2015

Lifestyle company Osim has posted a 53 per cent profit drop for the first quarter on declining sales. The retailer of massage chairs and other remedial devices, says sales fell 13 per cent quarter-on-quarter, blaming a lack of new products and a drop-off in mainland Chinese tourists into Hong Kong, a key market for the […]

Tag: osim

KKR invests into lifestyle products

KKR to acquire significant stake in V3, TWG Tea

Osim struggles in ‘soft market’

Osim mulls ‘challenging’ quarter

Osim Q2 sales hit by weak retail scene

Osim profit plummets