A.S. Watson’s Move to Invest USD400M in Supply Chain Transformation Has Strengthened its O+O Capabilities and Competitive Position During the Pandemic

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HONG KONG SAR – Media OutReach – 25 August 2022 – A.S. Watson Group has gained widespread and overwhelming recognition in the retail industry in Asia, winning eight regional and local accolades, including Health & Beauty Retailer of the Year – Asia Award and Omnichannel Strategy of the Year Asia Award, by Retail Asia. The Group’s flagship brand Watsons has also been voted Asia’s No.1 Pharmacy/Drugstore Brand by Campaign Asia for 13th consecutive year. Meanwhile, it is recognised as Digital Transformation Pioneer Company by WeChat in Mainland China last year. At the recent interim results announcement of CK Hutchison, parent company of A.S. Watson, the world’s largest international health and beauty retailer reported 22% increase in revenue in its Asia operation and 13% in Europe. What’s behind the resilience of A.S. Watson in tackling the pandemic challenges in retail in the past two years while gaining in competitive position?