2025-04-10
AS Watson, the world’s largest international health and beauty retailer, proudly announces its exceptional performance in the recently released Global Powers of Retailing 2025 report by Deloitte. Rising to 52nd place among the world’s top 250 retailers - up three positions from the previous report – AS Watson solidifies its standing as a trailblaser in the global retail landscape.
As the only international health & beauty retailer headquartered in Hong Kong to make the prestigious list, AS Watson underscores its unique position as a global powerhouse. According to the report, among the top 100 retailers worldwide, 3 companies are based in Hong Kong SAR, China and AS Watson is honored to be part of this elite group. Furthermore, AS Watson joins an exclusive cohort of 18 retailers with operations spanning more than 25 markets, reflecting its robust global footprint and commitment to serving diverse markets.
“We are honored to represent Hong Kong on the global retail stage, much like how Hong Kong’s athletes shine in international competitions,” said Dr. Malina Ngai, Group CEO of AS Watson. “In today’s dynamic economic environment, where consumer behaviors are constantly evolving and technological advancements are reshaping industries, retailers must demonstrate the same resilience, adaptability, and innovative spirit that define world-class athletes to remain at the top of their game.”
The recognition in the Global Powers of Retailing 2025 report highlights AS Watson’s relentless focus on operational excellence, customer-centric strategies, and sustainable growth. With operations in 30 markets and a rapidly growing network of O+O stores, AS Watson remains at the forefront of the retail industry. AS Watson recently hosted the Global Supplier Conference, bringing together CEOs and senior leaders from leading health and beauty manufacturing companies worldwide. This extraordinary event in Hong Kong marked the kickoff of AS Watson's 185th anniversary, celebrating a legacy of innovation and achievement. As AS Watson continues to stay in the lead globally, its commitment to innovation, sustainability, and community impact remains unwavering. The company’s diverse and dynamic portfolio of brands ensures that it stays ahead of evolving consumer trends and strengthens its position in the international marketplace.