Kruidvat news

We explore how Kruidvat is accelerating its investment plans to remain relevant to its customers. It is investing in its operations as it seeks to strengthen its online business and roll out a new store look and feel across its three different formats in Belgium. ‘Corona has changed the way we work’ In our future of drugstore, health & beauty report we considered five areas of change post...

The world's largest international health and beauty retailer, A.S. Watson, has posted its results for the first half ending 30 June 2020. COVID-19 severely impacts H1 revenue A.S. Watson's retail division is split into five subdivisions, Healthy & Beauty Western Europe, Eastern Europe, China, Asia and Other Retail Total retail revenue fell -11% to HKD73.6bn (US$9.5bn) In local curr...

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...

A.S. Watson has shared insights on some of the key shopper preferences of Generation Z customers around the world. Bricks-and-mortar no.1 for Gen Z Generation Z (Gen Z) were born between 1995 and 2009. They are the first generation born into a digital world and are influential in driving many of the latest retail trends around the world. Despite spending a lot of screen time, ASW’s customer...

A.S. Watson has appointed Ed van de Weerd as the new CEO of A.S. Watson Health & Beauty Benelux. Gerard van Breen steps down Ed Van de Weerd will take over from Gerard van Breen, who is leaving the organisation after fourteen years. Last year, Van de Weerd joined A.S. Watson as Managing Director of Kruidvat Netherlands. In his new position as CEO of Kruidvat and Trekpleister, he will report...

A.S. Watson Group has opened its 15,000th store in Kuala Lumpur, Malaysia. 500th Watsons store in Malaysia The world's largest health and beauty retailer continues to rapidly expand its store network, opening a new store on average once every seven hours across Asia and Europe. Earlier today, the Group opened its 15,000th store globally. This also marked the 500th Watson store in Mala...

The world's largest international health & beauty retailer has posted a strong set of annual results. Results summary - growth across all H&B divisions At the end of 2018, A.S. Watson’s retail division had 14,796 stores across 24 markets, a 6% increase compared to the previous year. Total sales for the Health and Beauty segment increased 10% to HKD138.9bn, with comparable stores growing 2.1...

A.S. Watson has announced plans to open 1300 new stores this year, equalling a new store every seven hours. Plans to roll out a new store every seven hours A.S. Watson has announced plans to add 1300 new stores to its global portfolio, totalling to a new store every seven hours. A.S Watson currently operates 14,300 stores, across 24 different markets, under 12 different fascias. The r...

Dutch drugstore chain Kruidvat, owned by A.S. Watson, plans to open a pop-up store in Palamós this summer. Pop-up store to open for several weeks Kruidvat is reviewing the range it will carry at a pop-up store, which it plans to open for several weeks in August. Typically, pop-up stores are used to test demand and attract new suppliers. While the retailer has previously allude...

After nearly seven decades, Li Ka-shing has formally stepped down as chairman of CK Hutchison Holdings Ltd. and CK Asset Holdings Ltd. A remarkable career... The 89-year-old, who announced his retirement plans in March, will handover responsibilities to his eldest son, Victor Li. After a shareholders meeting, Li Ka-shing said, 'I think I’ve done the best of what I can [...] I feel very grat...