{"id":10569,"date":"2021-01-20T01:00:21","date_gmt":"2021-01-20T01:00:21","guid":{"rendered":"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3118416\/blackstone-carlyle-bain-among-suitors-fine-tuning-bids"},"modified":"2021-01-20T01:00:21","modified_gmt":"2021-01-20T01:00:21","slug":"blackstone-carlyle-bain-among-suitors-fine-tuning-bids-for-asian-distributor-of-fancls-beauty-products-ahead-of-friday-deadline","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/01\/20\/blackstone-carlyle-bain-among-suitors-fine-tuning-bids-for-asian-distributor-of-fancls-beauty-products-ahead-of-friday-deadline\/","title":{"rendered":"Blackstone, Carlyle, Bain among suitors fine-tuning bids for Asian distributor of Fancl\u2019s beauty products ahead of Friday deadline"},"content":{"rendered":"In crowded Hong Kong malls, shoppers can walk into local retailers and buy Fancl\u2019s skincare and cosmetics products at knock-down prices, dramatically undercutting sales at branded Fancl stores throughout the city.Unofficial wholesalers of beauty products have been selling into Asian markets for years, but volumes surged during the coronavirus pandemic last year as they offloaded surplus stock. As a result, CMC Holdings, the sole legal distributor of Fancl in the region outside Japan is selling\u2026\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3118416\/blackstone-carlyle-bain-among-suitors-fine-tuning-bids\">South China Morning Post<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>In crowded Hong Kong malls, shoppers can walk into local retailers and buy Fancl\u2019s skincare and cosmetics products at knock-down prices, dramatically undercutting sales at branded Fancl stores throughout the city.Unofficial wholesalers of beauty produc&#8230;<\/p>\n","protected":false},"author":1055,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/10569"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/1055"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=10569"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/10569\/revisions"}],"predecessor-version":[{"id":10570,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/10569\/revisions\/10570"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=10569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=10569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=10569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}