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The world's largest international health and beauty retailer, A.S. Watson, has posted its results for the first half ending 30 June 2020.

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Dairy Farm has released its H1 results for the six months ended 30 June. Consolidated sales including 100% of associates and joint venture increased 6% to US$14,547m, but subsidiary sales fell 9% to US$5,240m. Overall performance mixed Sales by the Group’s subsidiaries fell mainly due to the annualised impact of the stores closures in 2019 under the Group’s space optimisation plan in Southe...
The first IKEA store will open in Macau tomorrow (April 23). However, due to the Coronavirus (COVID-19) outbreak, the store will use an appointment registration system to limit the number of people from entering at any given time. Across two levels covering 8,361 sq m / 90,000 sf ft The new IKEA store is spread across two levels, covering approx. 8,361 sq m / 90,000 sf ft. It is located in ...
Beauty-products retailer, Sa Sa International, has posted its Q4 results. Group turnover fell 56.5% to HKD892.4m (US$115.1m). Multiples factors impacting turnover The significant decline in Group turnover was partly due to the closure of Sa Sa’s Singapore business. Sales to mainlanders in Hong Kong and Macau fell 80.8%, as consumer sentiment and travel restrictions following Coronavirus (CO...

Presentations

20/08/2020
We review the impact of COVID-19 on the five trends which we identified at the start of the year to shape the future of food and consumer goods retailer in Asia in 2020 and beyond.
07/08/2020
We review Dairy Farm’s current performance, plus progress against key strategic objectives.
05/06/2020
We review A.S Watson’s current performance, plus progress against key strategic objectives.
View all presentations

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This guide to Macau explores the key trends in grocery retail, the outlook for the market over the five year forecast period and the growth strategies of country’s leading retailers.

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