Industry News

AS Watson’s Nearly Two-Century-Old Impact

The retailer began with a single store in Hong Kong and grew to a global leader with 17,000 stores across 31 markets.

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By: Lianna Albrizio

Associate Editor

AS Watson Group CEO Dr. Malina Ngai stands in front of a six-meter-tall mural depicting the company's evolution from a single store in Hong Kong to a global health and beauty retailer, as the Group marks its 185th anniversary.

In 1841, AS Watson had a humble storefront in Hong Kong. Nearly two centuries later, it is considered among the world’s largest international health and beauty retailers. It operates over 17,000 stores across 31 markets in Asia and Europe, serving millions of customers daily through trusted brands in health, beauty, personal care and wellness. AS Watson says it continues to demonstrate strong growth momentum driven by customer relevance, operational excellence and a clear long-term strateg...

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