ASW to enter India through health & beauty retail format

ASW plans to foray into India through health and beauty specialist Watson's 'Your Personal Store', retail format. This, of course, will be subject to policy changes in the retail sector as ASW would like to enter the country only when majority stake in multi-brand retail is allowed by the government.Established in 1828, the US-based $12 billion worth ASWatson is a leading international retailer with 7,600 retail stores in 37 markets and 98,000 employees worldwide. ASW's worldwide operations comprise health & beauty, luxury perfumeries & cosmetics, food, electronics, fine wine and airport retail arms. ASW is also an established player in the beverage industry, providing a comprehensive range of beverages from bottled water, fruit juices, soft drinks and tea products to the world's finest wine labels via its international wine wholesaler and distributor.The ASW portfolio encompasses some of Asia's favourite brands and retail chains. These include health & beauty specialist Watsons Your Personal Store, PARKnSHOP supermarket, Great Food Hall, TASTE food galleria, Gourmet boutique style fine food hall, Fortress electrical appliance stores, Watson's Wine Cellar, Watsons Water and Nuance-Watson airport duty free shops.

Courtesy: EconomicTimes
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