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Strategic outlook for A.S. Watson

In this report we review A.S. Watson's grocery retail outlook and strategic priorities for the next five years, we use this to provide considerations and implications for suppliers.

A.S. Watson: data

See data on the retailer’s performance and forecasts for its operations by channel.

Hong Kong Country Presentation

A guide to Hong Kong's grocery market and how we expect the market, its leading retailers and channels to evolve over the next five years.

Latest News

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A round-up of recent announcements from Boots and Superdrug.

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The retailer’s retail division achieved a positive sales growth of 4% in the first half of 2023, compared to H1 2022, amounting to HK$88,619 million, despite a marginal 1% decrease in total store count. Key figures The health and beauty segment, which constituted 87% of the retail division’s revenue, reported total sales growth in local currencies of 12% from a strong 11% growth in comparable...
With the goal of creating a greener future, Watsons partnered with Kenvue, L’Oréal and P&G to drive sustainability initiatives in Asia through the collective effort of combining Watsons’s expertise and supplier partners. Sustainability as the top priority Malina Ngai, CEO of A.S. Watson (Asia & Europe), said: “At Watsons, sustainability is at the heart of our business, and we recognise ...
The drugstore operator reports a buoyant performance in the 52 week period ending 31 st December 2022. Sales increased 17%, and pre-tax profit rose 71.7% YoY. Results in brief Double digit growth : sales of £1.4bn represented 17% growth year-on-year. Returning footfall after the pandemic supported this performance, with Superdrug in particular highlighting a strong Christmas Impr...
5-year forecasts to 2028

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