Water Oasis Group

What Water Oasis Group does

Water Oasis Group Limited is a Hong Kong-based beauty services provider and skincare product retailer founded in 1998 and listed on the Main Board of The Stock Exchange of Hong Kong since 2002. The company operates a multi-brand portfolio of self-owned beauty services under the OASIS umbrella, including OASIS medical (10 medical aesthetic centres), OASIS beauty, OASIS spa, OASIS homme (male grooming), OASIS health, OASIS nail, OASIS florist, GLYCEL Skin Spa, phMedic+, and inMedic. This service portfolio is complemented by a retail product business distributing self-owned skincare brands (GLYCEL, Eurobeauté, DermaSynergy, O~KO! beauty) and licensed international brands (ERNO LASZLO, HABA, 32°C) through 18 GLYCEL outlets, department store counters, and e-commerce platforms.

The company's core technology is rooted in medical aesthetic treatments delivered under registered medical doctor oversight at OASIS medical centres, combined with proprietary skincare formulations such as GLYCEL's Swiss cellular therapy line (heritage linked to Clinique La Prairie in Montreux, Switzerland, since 1985) and DermaSynergy's professional medical-grade skincare products. The Group generates revenue through two streams: beauty services (medical aesthetic treatments, spa, wellness across high-end, mid-range, and mass market pricing tiers) and retail product sales (self-owned and licensed brand distribution). Distribution spans Hong Kong headquarters in Causeway Bay, a Beijing regional office serving Mainland China, and an O2O (online-to-offline) marketing model that integrates physical service centres with e-commerce channels. In 2022, the company expanded into dental services, signaling diversification into adjacent health and wellness verticals.

Name

Water Oasis Group

Legal name

Water Oasis Group Limited

Website

https://wateroasis.com.hk

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

10,001+ employees

Short description

Water Oasis Group is a Hong Kong-based, HKEX-listed multi-brand beauty services and skincare retailer operating 10 OASIS medical centres, 18 GLYCEL outlets, and licensed brand distribution, serving high-end, mid-range, and mass market consumers across Greater China.

Ownership category

akta.pro rank

Product category

Beauty Services and Skincare Retail

NAICS

Hair, Nail, and Skin Care Services (81211), Offices of All Other Health Practitioners (62139), Other Personal Care Services (81219)

SIC

Perfumes, Cosmetics & Other Toilet Preparations (2844), Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Spa & Massage Services (Day Spas, Massage Studios, Treatment Packages) (THAJAHAC)

akta.pro secondary industries

Spa Body Treatments & Massage (Oils, Scrubs, Wraps) (CRABALAG), Bath Additives (Bath Bombs, Salts, Oils, Soaks) (CRABAEAE), Private Wellness & Retreat Experiences (Personalized Spa, Yoga, Healing) (THAJALAI)

Keywords

• Beauty services
• Medical aesthetics
• Skincare retail
• Spa treatments
• Beauty products

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Beauty Services Revenue: Revenue generated from the Group's core beauty services under the Oasis brand, including medical aesthetic treatments, spa services, and wellness services across multiple price tiers from high-end to mass market.
2. Retail Product Sales: Revenue from distribution and sale of self-owned skincare brands (GLYCEL, Eurobeauté, DermaSynergy, O~KO! beauty) and licensed brands (ERNO LASZLO, HABA, 32°C) in Hong Kong.

Distribution channels5 records

Marketing channels1 record

Core offering

Water Oasis Group operates a comprehensive beauty services and skincare retail platform in Hong Kong under the OASIS brand umbrella, offering medical aesthetic treatments, spa services, beauty treatments, men's grooming, nail services, and health products across high-end, mid-range, and mass-market price tiers. The Group also distributes self-owned skincare brands (GLYCEL, Eurobeauté, DermaSynergy, O~KO! beauty) and licensed international brands (ERNO LASZLO, HABA, 32°C), with 10 OASIS medical centers and 18 GLYCEL outlets providing physical service and retail presence.

Product overview

Water Oasis Group operates as a beauty services provider and skincare product retailer in Hong Kong. The company offers a synergistic portfolio combining self-owned beauty services under the OASIS brand umbrella (including OASIS medical, OASIS beauty, OASIS spa, OASIS homme, OASIS health, OASIS nail, OASIS florist, GLYCEL Skin Spa, phMedic+, and inMedic) with retail products through self-owned brands (GLYCEL, Eurobeauté, DermaSynergy, O~KO! beauty) and licensed/distributed international brands (ERNO LASZLO, HABA, 32°C). The Group also expanded into dental services in 2022. The OASIS brand services appeal to high-end, mid-range, and mass market consumers, both male and female, offering general, specialist, and medical beauty services.

Differentiator

Problem solved

Functional benefit

Brands

• GLYCEL: Self-owned skincare brand recognized for pioneering cell rejuvenation technology. Swiss cellular therapy and anti-aging products developed since 1985, tracing heritage to Clinique La Prairie in Montreux, Switzerland.
• Eurobeauté
• DermaSynergy
• O~KO! beauty
• Erno Laszlo
• HABA
• 32°C

Products and services

• OASIS Medical

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• L'Oréal Group: World's largest beauty company with a deep Hong Kong and Greater China footprint across mass, premium, and medical aesthetics (SkinCeuticals, etc.). Competes with Water Oasis on both retail skincare and the medical-grade services positioning.
• A.S. Watson Group (Watsons): Asia's largest health and beauty retailer operating Watsons and other formats across Hong Kong and Mainland China. A broad incumbent that overlaps with Water Oasis on retail skincare distribution and brand counter presence.
• Estée Lauder Companies: Global prestige beauty conglomerate whose brands (including Erno Laszlo, distributed by Water Oasis) compete directly with the Group's proprietary lines and supply the licensed-brand side of the business.
• Sephora (LVMH): Global multi-brand beauty retailer with an expanding Hong Kong and Asia store network. Comparable to Water Oasis as a multi-brand beauty destination and direct competitor for premium skincare shoppers.

Direct peers

• Bonjour Holdings: Hong Kong-based cosmetics and skincare retailer operating department-store counters and standalone stores across Hong Kong and Mainland China. Directly comparable to Water Oasis on the retail and brand-distribution side of the business.
• IPSA (Shiseido Group): Shiseido-owned Japanese skincare brand with Hong Kong counters and a clinically positioned, consultation-led service model that overlaps with Water Oasis's GLYCEL and DermaSynergy offering.
• Nu Skin Enterprises: Global beauty and wellness products company with a heavy Asia presence, combining proprietary skincare brands with device-led treatments. Comparable to Water Oasis on the proprietary-brand-plus-service model and Asia-centric customer base.
• Sa Sa International Holdings: Listed Hong Kong beauty and skincare retail chain with a comparable single-counter/multi-brand format, similar HK-centric customer base, and overlapping skincare brand portfolio. The closest direct comp on geography and product offering to Water Oasis.

Others

• Clinique La Prairie: Swiss cellular-therapy longevity clinic whose heritage underpins Water Oasis's GLYCEL brand. Thematically linked to the Group's Swiss cellular-therapy positioning and premium medical aesthetic narrative.

Regional players

• Mannings (Dairy Farm Group / JD.com): Hong Kong's leading drugstore/health and beauty chain selling skincare brands, cosmetics, and personal care. Overlaps with Water Oasis's retail product business and competes for HK beauty customer wallet share.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/water-oasis-group-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Water Oasis Group