AS Watson Group Recognized Among Top 15 Global Retailers
HONG KONG — April 24, 2026 — The AS Watson Group has proudly secured the 14th spot in the 2026 NRF Top 50 Global Retailers list. This recognition highlights AS Watson as a leader in the international retail market, standing out as the top global health and beauty retailer.
Dr. Malina Ngai, the Group CEO of AS Watson, emphasized the company’s commitment to adapting to changing retail landscapes. “Today’s retail needs more than just size; it requires agility, digital accuracy, and strong customer relationships,” she said. “Being ranked among the best is a testament to our focus on smart investment, customer-centricity, technology, and disciplined execution.”
Celebrating its 185th anniversary this year, AS Watson has seen significant changes since its founding in 1841, navigating through various economic and technological shifts. With a presence across Asia and Europe, the company merges the quick adaptability and digital innovation of Asia with the retail expertise of Europe.
Ngai added, “In the digital retail age, our unique edge comes from blending advanced data and technology with genuine human connection. This balance fosters stronger customer loyalty and trust, and has been the key to our long-standing success.”
Investing in AI and Personalization
AS Watson is ramping up efforts in AI-driven personalization and improved digital operations. By uniting customer loyalty data, online platforms, and in-store experiences, the company aims to better meet customer needs and boost operational efficiency.
This strategy helps AS Watson to:
- Focus more sharply on customer preferences
- Fine-tune product selections and pricing
- Engage customers through loyalty programs
- Enhance supply chain responsiveness
Strong Growth Amid Challenges
Despite ongoing challenges like supply chain issues and changing consumer habits, AS Watson has shown remarkable resilience. Its strategy of geographic diversity, local market expertise, and careful cost management enables the company to adapt quickly while ensuring steady growth.
About AS Watson Group
Founded in 1841, AS Watson Group is one of the oldest and most respected retail companies in the world. With over 17,000 stores across 12 brands in 31 markets, it employs around 130,000 people and remains the largest health and beauty retailer globally. In the fiscal year 2025, the company reported revenues exceeding US$26 billion. It engages with over 6 billion shoppers annually, providing a seamless blend of online and offline experiences.
In addition to its business achievements, AS Watson contributes to the community by supporting over 180 charitable organizations each year and dedicating more than 40,000 hours to volunteer work.
AS Watson Group is a part of CK Hutchison Holdings Limited, a leading multinational firm with interests in various sectors including retail, telecommunications, and infrastructure.
For more information, you can visit the AS Watson website.
