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The world’s largest and fastest growing international health & beauty retailer A.S. Watson Group celebrates an important milestone today as it opens its 15,000th store. Growth Continues at Record Rate For the fourth year in a row, A.S. Watson’s new store…
Two Chinese internet giants are reportedly evaluating separate bids for a stake in global retailer AS Watson. As earlier reported by usg, Singapore sovereign wealth fund Temasek is working with an advisor on options for selling part of its stake in the Hong…
L’Oréal’s AI and AR company ModiFace and A.S. Watson Group (“ASW”) announce the launch of the virtual makeup try-on #ColourMe, making ModiFace’s industry-leading AR technology available to consumers across Asia on mobile. #ColourMe, launching in March, is a…
Singapore’s Temasek Holdings is reportedly looking to quit its stake in Hong Kong-headquartered beauty products retailer AS Watson. Temasek spent US$5.6 billion to acquire a 25 per cent share of AS Watson in 2014 from Hong Kong’s CK Hutchison, which retains…
Health-and-beauty store chain Central Watson plans to spend about THB100 million (US$3 million) this year on a “brand refreshment” as part of celebrating its 21st anniversary in Thailand. It aims to modernise the stores with colourful formats as well as…
The A.S. Watson Group plans to open 1,400 new outlets globally this year – 60 shops will be in Hong Kong – but it will not expand the electricity group Fortress, says chief operating officer Malina Ngai Man-lin. The group doesn’t have a plan for an initial…
Watson Indonesia plans to open up to 20 new stores this year. Duta Intidaya, the local Watson’s rights-holder since 2006, will use about 65 per cent of the US$6.49 million raised in its recent IPO to fund the new stores, with the balance of the cash going to…
Watson Indonesia’s debut on the Indonesian Stock Exchange (IDX) has marked a new chapter in the company’s expansion journey to a wider market base. Duta Intidaya, the sole franchisee of Hong Kong-based personal care retail chain AS Watsons Group, made the…
AS Watson Group has opened its 12,000th store worldwide – in Hong Kong’s Causeway Bay. Perhaps fittingly, the store is a three-storey flagship, at 8000 sqft, the brand’s largest store in Hong Kong. Located on Yun Ping Rd, the new store features the latest…
Taiwan’s largest cosmetics and medicines retailer, Watson’s Private Care Shops, has opened its 500th retailer. And the chain says one other 100 are deliberate for opening inside the subsequent two years. The 500th retailer, that includes what Watsons Taiwan…
