Health & beauty and drugstores news

16 February 2021
A.S. Watson has reported some trends that will shape the future of health and beauty, and other retail channels in 2021. Offline + online strategy as the new retail standard The pandemic has changed the shopping habits of customers, evolving their expectations and desires.  Like other retailers, A.S. Watson Group has witnessed a surge in online shopping in 2020, but it was able to adapt qui...
05 February 2021
Germany-based beauty store operator, Douglas reported strong growth in online sales, of 40.6%, to €822m for the year ending 30 September 2020. Group sales however, dropped by 6.4% to €3.2 bn (2019: €3.5 bn) and operating profit declined by 16.7% to €292m. Record level of €1 bn in online sales during 2020 calendar year   Douglas reported a significant increase in online sales during the late...
04 February 2021
Rossmann reported group sales increased by 3.5% to €10.35 bn in 2020. The effects of COVID-19 pandemic Despite being affected by the pandemic, Rossmann in Germany performed relatively better compared to its other markets. In Germany, sales grew by 4.7% to €7.33bn (2019: €7.0 bn). The retailer said its sales would have been higher in 2020 but for the temporary reduction in VAT introduced in Ge...
02 February 2021
Walgreens is partnering with Synchrony and Mastercard to launch a new credit card that connects with its myWalgreens loyalty programme. Offering ‘differentiated healthcare services and benefits to customers’ Walgreens announced it will launch the co-branded credit cards in H2 2020. The credit cards will be issued by Synchrony Financials, while there will also be a separate prepaid debit car...
02 February 2021
Sa Sa International Holdings Limited has announced its unaudited sales for the quarter ending 31 December 2020, with sales down 36.4%. Year-on-year turnover remains negative, but indicates a slowing decline Although Sa Sa’s turnover this quarter continued to slide, the decline is now at a slower pace.  Its overall turnover this quarter increased by 34.8% when compared with the preceding qua...
28 January 2021
Walgreens Boots Alliance (WBA) has appointed Rosalind Brewer as its new chief executive officer. She succeeds Stefano Pessina, who will transition into the role of executive chairman of WBA. Brewer recently served as COO of Starbucks Brewer will take on the role from 15 March 2021 and will also join the WBA board of directors on that day. She most recently served as Starbucks’ chief operati...
21 January 2021
A.S. Watson Group and Grab, the leading delivery and payment solutions provider in Southeast Asia, have formed a new partnership that will create the largest omnichannel health and beauty partnership in the region. Access to more than 62,000 health and beauty products in six markets Shoppers can now purchase a wide assortment of more than 62,000 health and beauty products from Watsons throu...
13 January 2021
Walgreens Boots Alliance (WBA) has announced it is set to accelerate its investment in VillageMD to help it ‘ offer full-service primary care clinics co-located at its stores at a large scale ’. Step up in investment comes just six months after previous expansion WBA’s announcement of further investment will support the opening of a further 600 to 700 Village Medical at Walgreens primary ca...
11 January 2021
Olive Young, South Korea’s largest health and beauty retailer, announced last week to open an online shop on Shopee, Southeast Asia’s biggest ecommerce platform. Available in Indonesia and Malaysia first About 300 products under Olive Young’s six private brands, WAKEMAKE, colorgram, RoundAround, Botanic Heal boH, Bring Green and Filllimilli, will be available on Shopee. These items will ...
08 January 2021
All Guardian Co, a joint venture between Dairy Farm and All Corporation in Thailand, will launch the first Guardian health and beauty store in 2021. Guardian store launch delayed All Guardian is a joint venture between All Corporation Co, a wholly owned subsidiary of CP All, and GCH Investments Pte under Dairy Farm International Holding Group. All Corporation Co and GCH Investments Pte hold...