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Tag: Watsons

Retail Asia05/12/2017
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Real Estate

Fourth mall in Bulacan by SM Prime

1min0
SM Prime Holdings has continued its expansion in northern Luzon with its latest mall, SM Center Pulilan, in Bulacan. Its 66th mall in the Philippines, it adds 27,000sqm in gross floor area (GFA), taking SM Prime’s total GFA to 8 million sqm. Opening with 80 per cent occupancy, SM Center Pulilan offers three levels of […]
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Retail Asia23/11/2017
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General

Is Watsons ripe for a spin-off?

5min
Hong Kong billionaire Li Ka-shing’s business empire Cheung Kong has been able to get the best price when offloading some assets. For instance, the Centre, its Grade A office building, was sold for over HK$40 billion early this month on the back of soaring land prices. Some buyers offered about HK$30 billion late last year. […]
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Retail Asia16/11/2017
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E-Tailing

JD.com surprises with first profitable quarter

6min0
JD.com profit soared 50 per cent after a 39 per cent increase in sales during the Chinese online retailer’s latest quarter. Its unaudited results for the three months to the end of September show revenue of RMB83.7 billion (US$12.6 billion), with a record 50.3 per cent surge in gross profit to RMB13 billion. Non-GAAP gross […]
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Retail Asia06/02/2017
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General

South Korea’s GS Retail to fully own Watsons Korea

2min
GS Retail Co., a retail unit of South Korean conglomerate GS Group, will take over additional 50 percent stake in the Korean unit of drug store franchise label Watsons from Hong Kong-based A.S. Watson Group to make it its fully-owned entity, the company said Thursday. The Korean retailer in December 2004 launched Watsons Korea on […]
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Retail Asia06/12/2016
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Real Estate

SM Prime Holdings opens 60th mall

2min0
An 80,000 sqm mall has been opened in eastern Metro Manila by Southeast Asian integrated property company SM Prime Holdings. As its 60th mall in the Philippines, SM City East Ortigas reinforces its commitment to continue expanding there given the economy’s strong performance, says SM Prime president Jeffrey C Lim. SM Prime’s malls in eastern […]
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Retail Asia01/11/2016
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Living

More outlets, more health

4min
Personal care retailer Watsons Personal Care Store (Philippines) Inc. is expanding its branch network by boosting its presence both in shopping malls and community locations. The company recently opened its 500th store and chose to celebrate this achievement in Cebu because of the store’s strong presence and high sales growth here. “In Cebu, we are growing […]
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Retail Asia17/10/2016
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E-Tailing

Watsons places products on Lazada Singapore

1min0
Healthcare and beauty chain Watsons has formed a partnership with eCommerce company Lazada Singapore. As a result of the collaboration, more than 500 Watsons products have been made available on Lazada. Formed in 2012, Lazada Singapore offers a wide range of products, from electronics and household goods to fashion apparel and sports equipment. Watsons has […]
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Retail Asia13/06/2016
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Fashion

Sour note for Lancome-sponsored concert

5min0
Make-up brand Lancome, along with other stores owned by French cosmetics giant L’Oreal, closed in Hong Kong yesterday in the face of protests over the cancelling of a Lancome-sponsored concert featuring a pro-democracy singer. As well as Lancome’s booth at Lane Crawford, Times Square, Yves Saint Laurent Beaute and Helena Rubinstein’s booths, as well as […]
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Retail Asia27/05/2016
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Living

Central Watson plans 250+ new stores

2min0
An aggressive Central Watson expansion plan just unveiled will see more than one new store a week opened in Thailand from now to 2020. The Hong Kong retail giant’s Thai joint venture with Central Group says it has allocated 1 billion baht (US$28 million) to new stores – enough to fund up to 275 new […]
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Retail Asia09/05/2016
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General

SM Retail sales boosted

2min0
SM Retail sales grew across all operations – which consist of both SM Markets and The SM Store. Total sales grew 8 per cent to P48.8 billion (US$1.0 billion) in the first quarter, while net income rose 16 per cent  to P1.5 billion. SM’s food retail business continued to expand, adding five new stores. At […]
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Retail Asia06/05/2016
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Fashion

Multi-brand Korean cosmetic shops thrive

3min0
Korean cosmetic shops that sell various brands under one roof have steadily expanded their presence across the country, giving sophisticated customers more options, according to industry sources. AmorePacific, South Korea’s No. 1 cosmetic company, operates about 1350 multi-brand stores, called Aritaum nationwide, which offer a wide selection of its products, including such mass brands as […]
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Retail Asia02/03/2016
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General

Watsons pioneers cosmetics takeaway in China

2min
Watsons has kicked off an initiative for selling and delivering cosmetics and groceries as takeaway via Baidu Waimai (takeaway in Chinese). Expanding online to boost sales The initiative has been launched in Beijing, Shanghai and Guangzhou and will be extended to all the cities that Watsons operates in. Products on Baidu Waimai include personal care, […]
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Retail Asia15/02/2016
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Real Estate

CapitaLand China growth outpaces economy

4min0
Singapore-based shopping mall investment company CapitaLand Retail China Trust (CRCT) grew its income last year by 10.3 per cent to S$89.2 million ($63 million) from S$80.9 million. With China’s economy growing 6.9 per cent last year, the company’s retail sales drew 10.7 per cent of RMB30.1 trillion ($4.58 trillion), reports CRCTML chairman Victor Liew (CRCTML […]
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Retail Asia09/11/2015
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Real Estate

SM Center Sangandaan opens

3min
SM Center Sangandaan has opened its doors – owner SM Prime’s 55th mall in the Philippines. It is SM Prime’s first mall in the populous City of Caloocan, one of the 16 cities within Metro Manila. The new mall provides an additional 38,622 sqm in gross floor area (GFA), giving SM Prime a total retail […]
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Retail Asia17/07/2015
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E-Tailing

Using WeChat to Grow Your Business in China

7min
In the world of mobile commerce, all eyes are on China. Even as China’s economy and overall retail sales growth drops, business-to-consumer (B2C) online sales are growing by 25 per cent each year. Data gathered from iResearch in a March 2015 report states that China’s gross merchandise volume (GMV) of the mobile shopping market reached […]
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Retail Asia19/05/2015
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General

Watsons Thailand to open 50 new shops

2min
Central Watson, operator of the Watsons Thailand community, says it can open 50 extra shops by the top of this yr. The enlargement will take its community to 381, growing its dominance over rival Boots which on final rely had simply 230 shops. MD Rod Routley informed a briefing that the enlargement will value 400 […]
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