european markets


Watsons Malaysia opens 500th store in Shah Alam

SHAH ALAM: Hong Kong-headquartered healthcare and beauty retailer AS Watson Group today opened its worldwide 15,000th store at newly-launched Central i-City in Shah Alam, marking a landmark step for Watsons in Malaysia with its 500th store in the country.

“Since 1994, we opened our first Watsons Malaysia store in Johor. Within 25 years, we have grown to 500 stores and with more than five million members in Malaysia,” Watsons Malaysia managing director Caryn Loh (pix) said at the store launching ceremony here today.

She said the new store incorporates an innovative and sustainable design based on the latest premium concept that blends environmentally-friendly materials and innovative technologies to promote digital customer engagements.

“Customers today are demanding shopping experiences that are both convenient and hassle-free. We aim to reinforce our position as Malaysia’s leading health and beauty retailer by not only offering a diverse array of products, but to also help our customers with a seamless, unmatched shopping experience at our stores,” she said.

Watsons currently operates over 7,200 stores and more than 1,500 pharmacies in 13 Asian and European markets, including Malaysia, Indonesia, China, Taiwan as well as Russia.

Established in Hong Kong in 1841, AS Watson is the world’s largest international health and beauty retailer operating 15,000 stores under 12 retail brands in 25 markets, with over 140,000 employees worldwide.

For the fiscal year 2018, the group recorded revenue of US$21.5 billion.

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Carlsberg Sweden’s Ted Akiskalos to helm Carlsberg Malaysia

PETALING JAYA: Carlsberg Sweden managing director Theodoros (Ted) Akiskalos (pix) will take over as Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) managing director, replacing Lars Lehmann effective May 1, 2019.

In a filing with Bursa Malaysia, Carlsberg Malaysia said that Lehmann, 52, has been appointed as a new member in the executive committee of Carlsberg A/S (Carlsberg Group) as executive vice president for Eastern Europe.

Lehmann’s new role includes the position as CEO of Baltika, Carlsberg Group’s company in Russia.

Akiskalos, 40, is currently the managing director of Carlsberg Sweden since June 2016. He joined the group in March 2010 and was previously the vice president of group strategy for Carlsberg Group before being appointed as managing director for Carlsberg Hong Kong in January 2014.

Prior to joining the Carlsberg Group, Akiskalos was Associate Principal of McKinsey & Company based in Boston, USA.

“I am pleased to announce that Ted will succeed Lars as our new managing director effective May 1, 2019. Throughout his nine years with the Carlsberg Group, Ted has delivered excellent results in driving growth and leading various transformational projects.

“Under his leadership as managing director, Carlsberg Sweden returned to growth in top- and bottom-line in all categories of beer, soft drinks and water whilst Carlsberg Hong Kong became the market leader and grew profits significantly,” said Carlsberg Malaysia chairman Datuk William Toh Ah Wah.

Meanwhile, Lehmann joined Carlsberg Group in 2003 and was the regional CEO of Western Europe Challenger Markets overseeing 11 European markets before joining Carlsberg Malaysia in June 2016.

“Lars has delivered outstanding results for our Malaysia and Singapore operations over the last three years. Under his leadership, the Malaysia business had a record performance in 2018 with top- and bottom-line growth in all four quarters, whilst our Singapore operations have successfully been turned around and are now accelerating growth,” said Toh.

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