EMCC European Monitoring Centre on Change

A.S. Watson

Company/Organisation:
A.S. Watson

Geographic Location

Country: United Kingdom
Location of affected unit(s): Various locations

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.75 - Retail sale of cosmetic and toilet articles in specialised stores

Employment Effects

Announcement Date: 09-07-2017
Type of Restructuring: Business expansion
Planned Job Creation: 1178

Additional Information

Retail Group AS Watson has announced plans to create more than one thousand new jobs across the UK. The group which owns high street retail brands Superdrug, Savers and The Perfume Shop will open 30, 45 and 17 new stores creating 650, 450 and 78 new jobs respectively. The news comes despite the largely negative impact which the decision to leave the European Union has had on the retail sector. The new stores are expected to be opened over the coming twelve months.