Asia’s largest beauty retailer plans GCC expansion
Asia’s largest beauty retailer plans GCC expansion
Watsons, Asia’s largest health and beauty retailer, is to launch in two more GCC markets after recording sales growth of 53 percent in the region last year. The company has 18 stores in the UAE, Saudi Arabia and Qatar through a franchise deal with AI Futtaim Group. It is targeting expansion into Bahrain and Kuwait […]
Watsons has 18 shops in Gulf
Bahrain, Kuwait and Oman in sights
Franchise deal with Al Futtaim
Watsons, Asia’s largest health and beauty retailer, is to launch in two more GCC markets after recording sales growth of 53 percent in the region last year.
The company has 18 stores in the UAE, Saudi Arabia and Qatar through a franchise deal with AI Futtaim Group. It is targeting expansion into Bahrain and Kuwait this year.
Malina Ngai, CEO, AS Watson (Asia & Europe), told AGBI the Gulf has a “vibrant” beauty culture, adding that Oman is also on the company’s radar.
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“The GCC and wider Middle East and North Africa region hold immense significance for Watsons as it embarks on its international expansion,” she said.
“Mena