China’s health and beauty sales decline hampered the overall retail growth of A.S. Watson Group (ASW), but the firm insists EBITDA of other regions have ‘fully compensated’ for China’s decline.
Retailer A.S. Watson has cautioned that consumer sentiment in China will take time to fully recover, despite an uptick in footfall following a turbulent few months due to COVID-19 restrictions.
Retail major A.S. Watson has grown digital beauty engagement across Superdrug and ICI PARIS XL with an AI-powered skin advisor tool co-developed with Finnish beauty tech firm Revieve – an innovation it plans to rollout across Asia next year.
Health and beauty retailer A.S. Watson says it has taken another step forward in sustainability by co-creating a skin care brand with Procter & Gamble that aligns with its Sustainable Choices product range.
Health and beauty retailer A.S. Watson has identified a set of trends that it believes will influence the future of the retail industry and its business.
Asia-Pacific beauty retail major A.S. Watson Group is primed to expand into Gulf Cooperation Council countries under an exclusive franchise agreement with regional conglomerate Al-Futtaim.
![China’s health and beauty sales decline hampered the overall retail growth of ASW. [Watsons]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/a.s.-watson-china-health-and-beauty-sales-decline-hampers-overall-retail-performance/16278607-1-eng-GB/A.S.-Watson-China-health-and-beauty-sales-decline-hampers-overall-retail-performance.jpg)
![A.S. Watson has cautioned that consumer sentiment in China will take time to fully recover. [Watsons]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/a.s.-watson-believes-recovery-of-consumer-sentiment-in-china-will-take-some-time/15682233-1-eng-GB/A.S.-Watson-believes-recovery-of-consumer-sentiment-in-China-will-take-some-time.jpg)
![Latest news updates from Kao, Watson and Kosé and more. [Watsons]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2022/03/24/kao-watsons-and-kose-feature-in-our-latest-big-brand-update/15267229-1-eng-GB/Kao-Watsons-and-Kose-feature-in-our-latest-big-brand-update.jpg)
![Watsons says positioning itself as a ‘skin care expert’ is key to achieving success in the Middle East market. [Watsons]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/watsons-reveals-strategy-for-success-in-vibrant-middle-east-skin-care-category/13248238-1-eng-GB/Watsons-reveals-strategy-for-success-in-vibrant-Middle-East-skin-care-category.jpg)
![Our most-read stories on the big-name beauty brands of the region, [Kao Corp / Allie]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2022/01/07/shiseido-coty-and-more-beauty-brand-developments-in-apac/13135461-1-eng-GB/Shiseido-Coty-and-more-beauty-brand-developments-in-APAC.jpg)
![The AI Skin Advisor tool requires consumers to take a selfie and respond to a questionnaire about skin type and concerns [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/a.s.-watson-digital-beauty-skin-advisor-tool-grows-engagement-says-revieve-partner/13116767-1-eng-GB/A.S.-Watson-digital-beauty-skin-advisor-tool-grows-engagement-says-Revieve-partner.jpg)
![A.S. Watson co-created a skin care brand with Procter & Gamble that aligns with its Sustainable Choices product range.[A.S. Watson / P&G]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/a.s.-watson-sees-p-g-collaboration-as-opportunity-to-expand-sustainable-beauty-offerings/13091000-1-eng-GB/A.S.-Watson-sees-P-G-collaboration-as-opportunity-to-expand-sustainable-beauty-offerings.jpg)
![A.S. Watson has identified a set of trends that it believes will influence the future of the retail industry and its business. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/a.s-watson-highlights-the-five-trends-that-are-shaping-the-future-of-its-retail-business/12167860-1-eng-GB/A.S-Watson-highlights-the-five-trends-that-are-shaping-the-future-of-its-retail-business.jpg)
![China news updates from Estée Lauder, L’Oréal, Nivea and more. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/china/china-focus-latest-developments-in-china-s-booming-beauty-market12/16428221-1-eng-GB/China-focus-Latest-developments-in-China-s-booming-beauty-market.jpg)
![Lancaster’s new flagship and its ultra-premium launch takes off with aplomb in China. [Lancaster]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/lancaster-china-off-to-dream-start-with-debut-of-flagship-and-ultra-premium-line-coty-ceo/16424849-1-eng-GB/Lancaster-China-off-to-dream-start-with-debut-of-flagship-and-ultra-premium-line-Coty-CEO.jpg)
![Premiumisation trend in fragrance is moving towards the mass personal care segment, says Aussie supplier. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/mass-fragrance-rise-in-demand-for-complexity-as-premiumisation-moves-to-mass-segment/16395335-1-eng-GB/Mass-fragrance-Rise-in-demand-for-complexity-as-premiumisation-moves-to-mass-segment.jpg)
![Omni Skin was developed to lower the hurdles to skin care adoption for men. [Re:erth]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/re-erth-develops-baby-step-serum-to-lower-hurdles-for-male-skin-care-consumers/16400930-1-eng-GB/Re-erth-develops-baby-step-serum-to-lower-hurdles-for-male-skin-care-consumers.jpg)
