Savers news

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...

Superdrug and Savers have published 2020 financial results that highlight the challenges both retailers faced during the year. Superdrug reported a significant decline in revenue, by 14.8% to £1.11 bn, while Savers saw a decline in revenues of 5.9%, to £536.1m. COVID-19 led to serious disruption for both businesses Superdrug Revenue declined by 14.8% to £1.11 bn (2019: £1.30 bn) ...

Superdrug reported 1.6% growth in revenue and 12.4% increase in operating profit. Savers also reported an increase in revenue by 12.3% and a 7% increase in operating profit for the year ending 28 th December 2019. Superdrug’s ‘Solid performance in the period’ Revenue growth of 1.6% to £1,304mn (2018: £1,283mn) Operating profit increased by 12.4% to £107mn (2018: £95.2mn) 30 new st...

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 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...

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-owned retailer Savers has reported a 10.2% growth in sales to £507.2mn for the 52 weeks ending 29th December 2018, according to a report submitted to Companies House. Driven by new and existing stores Discount health and beauty specialist Savers has reported a 10.2% growth in sales to £507.2mn for the 52 weeks ending 29th December 2018. The retailer achieved an operating prof...

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...