INTRODUCTION

A.S. Watson's Food, Electronics & General Merchandise Division incorporates a powerful and respected portfolio of brands that specialise in delivering the good things in life to a wide range of consumers: good food, good wine and lifestyle-enhancing technology.

While the product range under this division is massively diverse - ranging from fresh food and fine wines to electronics and digital appliances - every item carries the A.S. Watson stamp of quality. In each category, the Group has committed its considerable retail management expertise to deliver the best services and products at the most competitive prices.

Three of the division's best-known successes are centred in Hong Kong, where it has brought significant improvements to the retail landscape. In the food and wine retail category, PARKnSHOP has single-handedly revolutionised the food shopping experience and is doing the same in Greater China. When it comes to fine wine, the Watson's Wine Cellar retail chain in Hong Kong, combined with its international trading arm, Swiss-based Badaracco SA, offers a 900,000-bottle selection with some vintages dating back to the 18th century.

Nowadays, modern life is enriched with a variety of advanced technologies - from household gadgets and home entertainment systems to state-of-the-art personal computers, and A.S Watson is well aware of the opportunity. Fortress, Hong Kong's largest consumer electronics and electrical appliance retail chains, sets the standards in this important sector and is the most trusted name in the business.