Zoe Suen
The News in Brief

The group behind brands like Sulwhasoo, Etude House and Innisfree, is considering giving sales in the key market a much-needed boost by cutting back on physical stores and accelerating expansion of its premium offering and digital channels.

The mainland’s largest commercial property company has sold off billions of yuan worth of assets to shrink its debts in recent years, but Dalian Wanda is once again eyeing growth by way of new retail complexes and movie theatres.

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