A.S. Watson Group enters Middle East market with Al-Futtaim tie up
A.S. Watson Group has announced an exclusive franchise agreement with Al-Futtaim to launch its flagship health and beauty brand Watsons in the Gulf Cooperation Council (GCC).
This is Hong Kong-headquartered A.S. Watson Group’s first such agreement in its almost 180 year history and its first venture in the Middle East.
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Plans are afoot to open 100 stores in the region by the end of 2025, with the first one officially opening in Dubai Mall on 1st October, along with an e-commerce portal (Watsons.ae), a mobile app, Watsons UAE, and a Watsons loyalty programme.
Dominic Lai, MD at A.S. Watson Group, which has over 14,100 stores in 24 markets worldwide, comments: “We are delighted to bring Watsons to beauty savvy customers in the Middle East which is one of the world’s fastest growing markets for beauty products.”
“Al-Futtaim has impressed us with their proven experience and track record in quality management of retail brands. We are excited to partner with them to bring a new offline and online beauty experience as well as numerous trendy brands to customers in the region.”
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