A.S. Watson news

25 June 2020
The drugstore operator reported strong online sales performance during lockdown and shares its strategies to improve sales and efficiency in the second half of the year. Boost in beauty sales during lockdown Superdrug continued selling essential items during lockdown but greatly suffered footfall decline and is seeking reduced rent deals. Despite that, the drugstore operator was able to boo...
18 June 2020
Rossmann revealed its new flagship drugstore in one of the largest shopping centres in Europe in Poland, Lódz. The ‘space’ store The drugstore chain highlighted the opening of its new store as ‘its step into the future’. The modern format is designed to create a futuristic feel, where the latest technologies and brands that are in line with the latest global trends are offered to encourage ...
02 June 2020
The drugstore chain partners with Bioland to produce high-quality organic products, introduced a new marketing strategy using Tiktok and reported strong sales growth across its operations. Rossmann partners with Bioland to develop own brand, enerBiO Rossmann has entered a new partnership with Germany’s key organic food association, Bioland. It is seeking to develop its own brand of organic ...
21 May 2020
The drugstore operator is selling coronavirus antibody tests online, announces two new appointments, and other latest news.   Coronavirus antibody test available online Superdrug is now selling coronavirus antibody testing kits online. This test allows consumers to know if they have had coronavirus at least 14 days after the start of the symptoms. The home test kit retails for £69 with free...
14 May 2020
Ramadan this year will look very different for those celebrating the event around the world due to the coronavirus (COVID-19) pandemic. Retailers have introduced new and creative approaches to help those celebrating at home. In this article we look at what retailers globally are doing to promote the event. Carrefour UAE: Ramadan boxes for those in need Carrefour UAE partnered with the Emira...
06 May 2020
Yonghui has posted another strong set of annual results, with total revenue increasing 20.4% to CNY84.8bn (US$11.9bn) for the year ending 31 December 2019. National coverage of China Despite increasing competition and the market’s slowdown in growth, Yonghui continues to be the fastest growing bricks-and-mortar retailer in China. To maintain growth, it continues to develop innovative format...
05 May 2020
A.S. Watson has converted part of a water plant into a face mask production line in Tai Po, New Territories, Hong Kong, responding to high demand for masks following the outbreak of COVID-19. Capacity for 10m face masks a month From mid-May, A.S. Watson will sell three-layer, bacterial-filtering face masks priced at HKD79.9 (US$10) per box of 30 at its Watsons stores and online in Hong Kong...
19 March 2020
A.S. Watson has posted its annual results for the year ended 31 December 2019. Total retail revenue was up 4% in local currencies, but flat at HKD169.2bn (US$21.8bn) after foreign currency translation impacts. Results summary – revenue up across all H&B divisions in local currencies  Total retail revenue (H&B segments and Other Retail), EBITDA and EBIT of HKD169.2bn (US$21.8bn), HKD16.9b...
10 March 2020
A.S. Watson has opened a Watsons Play Glam concept store at Tuen Mun Town Plaza, Hong Kong. Digitising in-store and increasing shopper interaction The grand opening of Watsons Play Glam was on 20 th January. It operates approx. 418 sq m / 4,500 sq ft, carrying more than 15,000 products from 7,100 health and beauty brands. The store has various customer interactive experience zones, a stron...
26 February 2020
A.S. Watson has announced expansion plans for Superdrug and Savers in the UK. 80 new stores between Superdrug and Savers The Grocer reports that Superdrug and Savers plans to open 80 new stores between them this year – around 30 and 50 respectively. However, A.S. Watson is planning to close some of its existing Superdrug stores and reopen them as Savers. Around 20 Superdrug stores are set t...