<div id="readability-page-1"><div>[SINGAPORE] DFI Retail Group’s beauty and wellness business Mannings on Wednesday (Dec 17) announced the closure of all stores across mainland China, due to “consumer behaviour” changes.Its physical stores will stay open until Jan 15 next year, said Mannings in a statement on its WeChat account. Official online stores of Mannings on platforms such as JD.com, Tmall and Pinduoduo, however, will close between Dec 24 and 28 this year. The statement said that Mannings intends to integrate the business’ operations across Hong Kong and Macau – namely its physical stores and e-commerce channels – with mainland China’s cross-border e-commerce model. On Mar 24, DFI Retail Group announced its sale of Cold Storage Singapore to Macrovalue (Malaysia). The retail operator still owns other consumers brands such as Guardian in Singapore and household goods brand Meadows. The Business Times has reached out to DFI Retail Group for comments.</div></div>

DFI Retail Group's Mannings announced the closure of all its stores in mainland China due to changes in consumer behavior. Physical stores will remain open until Jan 15, while online stores will close between Dec 24 and 28. Mannings plans to integrate its operations in Hong Kong and Macau with mainland China's cross-border e-commerce model. DFI Retail Group recently sold Cold Storage Singapore to Macrovalue (Malaysia) but still owns brands like Guardian and Meadows.

DFI Retail’s Mannings shutters in mainland China