INTRODUCTION

A.S. Watson understands that being healthy, fit and beautiful is a top priority for everyone.

We excel at providing the key ingredients of a vibrant, fun and energetic lifestyle that won't cost an arm and a leg. That's why every day millions of loyal customers around the world and from across the cultural and socio-economic spectrum shop at one of our health & beauty outlets.

Our world-class family of branded stores extends over 15 countries and regions on two continents, making us the largest health & beauty retailer by outlets in both Asia and Europe, and the biggest outside America. Our international network gives us tremendous reach and significant economies of scale on thousands of product lines, enabling us to offer unrivalled quality, value and variety.

A.S. Watson also operates airport retail specialist Nuance-Watson. A joint venture with Swiss company The Nuance Group, Nuance-Watson's selection of branded stores together provide a diverse and exciting shopping experience for travelers passing through the Hong Kong and Singapore International Airports.

As a global company, we are highly attuned to the ever-evolving health and beauty segment internationally, yet sensitive to the unique needs of our customers within regional markets. Not only do we tailor our merchandise to suit local tastes and requirements but we also provide stimulating shopping environments that create a sense of discovery for our clientele. These qualities ensure we deliver an outstanding performance every day. And we plan to continue setting the standards.