A.S. Watson news

22 October 2020
The drugstore operator is again launching its live open house, but this year goes virtual, aiming to secure the next best upcoming health and beauty brands. Bringing new and innovative offerings to the high street Superdrug is offering suppliers the opportunity to pitch their brands and products to its senior commercial team, with the opportunity to learn more about Superdrug and potentiall...
06 October 2020
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...
10 September 2020
A.S. Watson announced this week it plans to open its first flagship in the Middle East in Dubai Mall on 1 st October under its Watsons brand, and plans to roll out 100 stores in the region by 2025. ‘Bringing Watsons to the beauty-savvy customers in the Middle East’ The global drugstore operator signed its first-ever franchise agreement with Al-Futtaim, marking its first venture in the Midd...
06 August 2020
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...
23 July 2020
A.S. Watson group pledges to reduce plastic waste and use sustainable palm oil. On track with its 2030 sustainability goal The company is the first to sign-up to the New Plastic Economy (NPE) Global Commitment to reduce plastic waste and has also taken a group membership with the Roundtable on Sustainable Palm Oil (RSPO) to help address environmental impacts caused by palm oil. The group...
17 July 2020
A.S. Watson is introducing Watsons GO contactless payment system in Watsons stores in Hong Kong and Singapore. Digital initiatives accelerated by COVID-19 Watsons GO was recently launched in Hong Kong, allowing customers to scan the bar code of a product with the Watsons mobile app and pay for it directly through Alipay HK. Watsons GO payment system was originally scheduled for release at t...
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...