Drogas Changes Store Concept (English version only)

Hong Kong (16 Mar 2005)

Drogas has started introduction of new store concept. In Riga, 4 Kr.Barona Street first store has been opened with completely changed trade space interior, new equipment, altered disposition of goods accenting health and beauty product segment that coincide the format of the chain.

"Drogas has not changed the format - the store chain also in future will offer hygiene, home and household goods, haberdashery," informs Monta Strele, Drogas Marketing Director. "Nevertheless Drogas statistics claims that during the previous years the number of customers who buys health and beauty goods in Drogas stores has increased, therefore we have steadily developed exactly this offer."

The new image and format of the stores coincides the newest design for health and beauty segment stores of A.S.Watson Group. So far this format has been introduced only in the biggest trading metropolises in Asia. The newly opened store on Kr.Barona Street is the first one in Europe where the new concept has been implemented.

Andrejs Jernevs, Chairman of the Board, tells that the new Drogas stores will be opened and the existing ones gradually renovated according to the above mentioned concept.

"The change of the store concept has been planned and certain work on the strategic impact has been done just a few years ago - before the change of the owner. Today very good assistance in development of Drogas stores' concept is provided by the possibility to use A.S.Watson Group frame that is based on more than 30 years retailing experience in health and beauty segment," indicates A.Jernevs.

Drogas has started a program Drogas Beauty Expert, which includes introduction of the newest fashion and beauty care tendencies to a consumer.

"Drogas offers the widest hair color, hair care and treatment, face and body cosmetics and decorative cosmetics range. Twelve years experience in retailing beauty products justly allows overrunning the status of expert. At our disposable there is the most actual information from the world's greatest suppliers who offer their new products to Drogas store chain at first hand. This allows our customers to use the newest, most actual beauty care products," informs M. Strele.

Holding Company Drogas:
The first Drogas store was opened in December 1993 in Riga, Dzirnavu Street 57. Today Drogas is the largest cosmetic and household product retailer in the Baltic Countries with 92 stores in Latvia and Lithuania. Drogas plans to open first stores in Estonia at the end of this year. More than 800 staff members are employed in Latvia and Lithuania.
Since June 2004 holding company Drogas is owned by Hong Kong company - Hutchison Whampoa Limited retailing and manufacturing group A.S. Watson Group.

A.S.Watson Group:
A.S.Watson Group is the largest retailer in Europe and Asia in health and beauty segment with 4480 stores, placed in 930 cities, 19 countries.
A.S.Watson Group in Europe includes 7 store chains - Kruidvat, Trekpleister, Superdrug, Savers, Rossmann, ICI Paris XL, Drogas. 3500 stores in Europe are in 10 countries. In Asia Watsons, Nuance-Watson 980 stores are in 9 countries. There are 64 000 staff members employed by the company serving 17.5 million clients a week.
A.S.Watson Group opens on average 2 stores per day in different parts of the world.


More information available:
Iluta Berzina, public relations expert
Tel.: 7 68 35 17, 6 52 59 35
E-mail: iluta.berzina@medijutilts.lv