A.S. Watson news

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. From Europe In Austria, Costa has launched its first store and can be found in Austria’s airport. The launch means Costa is now present in 41 countries Billa opens in Austria airport, the main purpose is to offer great local products for tourist and for returning residents easy to sh...

The leading omnichannel health and beauty retailer in Asia has announced plans to accelerate its platform strategy, by opening over 300 new stores in mainland China this year. China expansion as omnichannel shoppers spend more During the three years of pandemic, Watsons China has opened nearly 850 physical stores and renovated nearly 440 stores in mainland China to continue to strengthen its ...

CK Hutchison reported its retail revenue (A.S. Watsons) fell by 2.0% to HKD169.6 bn (US$21.9 bn), and its earnings (EBITDA) decreased by 11% to HKD14.3 bn (US$1.8 bn) in its full year 2022 results. In local currencies, its total revenue increased by 6%, while EBITDA declined by 2%. Performance of A.S. Watsons across different markets and businesses • Healthy and Beauty China sales decreased...

Superdrug has launched a new weekly discount promotion, ‘Feel Good Fridays’, as it looks to help shoppers during the cost-of-living crisis.   Exclusive to Superdrug’s Health & Beautycard members According to Superdrug, the weekly discount promotion is one of the biggest weekly discounts the retailer has ever run. It offers Health & Beautycard members up to 60% off across a selection of prod...

Superdrug and Watsons’s parent company A.S. Watsons released its first half results. The retailer’s performance was mixed across its operations in China and other regions. COVID-19 still posing a threat to performance in mainland China The group’s total revenue increased by 3% in the first half to HK$84.9 bn (US$10.9 bn), while EBIT declined by 12% to HK$4.3 bn (US$552.6m). The decline w...

With the rise in consumer interest in health and wellness driven by the pandemic, Watsons in China announced the launch of a Health Care zone that offers a range of healthcare products and services online and in stores. The Health Care zone provides a seamless O+O (Offline plus Online) shopping experience Along with launching online, the Health Care zones will feature in over 1,200 stores...

Superdrug has partnered with TikTok to launch a talent competition on the social media platform. It also announced signing over 200 brands on its online marketplace platform and has added more premium brands to its beauty portfolio.   ‘Staying ahead of digital media trends’ Superdrug has collaborated with TikTok to launch its #SuperShow beauty talent show, where entrants complete three w...

Accounts filed at Companies House show that A.S. Watson-owned Superdrug and Savers saw continued improvements in trading as 2021 progressed. The results for both companies were particularly pleasing given the challenges they both faced in Q1 due to the country being in lockdown. Superdrug revenues +5.1% in 2021 Superdrug recorded sales growth of 5.1% in 2021, although the pace of growth ben...

A.S. Watson will invest an additional HK$900m (USD$11.5m) to drive its digital transformation and offer an easier and faster offline plus online (O+O) customer experience. Technology focus areas A.S. Watson will focus on boosting the resources in its in-house ‘eLab’ and ‘TECHLab’ digital solutions, artificial intelligence, big data, and retail technology. ‘eLab innovates O+O customer ...

ParknShop continues to enhance its ecommerce infrastructure and inspire customers by expanding its new store concept in Hong Kong. Empowering capabilities of ecommerce To cope with the high-speed growth in ecommerce, A.S. Watson's subsidiary ParknShop supermarket plans to invest more than HKD 200mn (USD 25mn) for accelerating its digital transformation. In Q4 this year, it will have an ec...