Watsons
LeaveRussia detail: Withdrawal
Watsons is Asia’s leading health and beauty retailer, currently operating over 8,000 stores and more than 1,500 pharmacies in 15 Asian and European markets. Watsons continually sets the standards in the health, wellness and beauty market, providing personalised advice and counselling in health, beauty and personal care on top of its market-leading product range, making customers LOOK GOOD, DO GOOD, FEEL GREAT every day. Since 2009, Watsons has been the No. 1 pharmacy/drugstore brand in Asia. In Europe, Watsons is also the leading health and beauty retailer in Ukraine.
Decision trail
Decision date 16/03/2022 · Reference ↗
Exits Russia till the end of June 2022. All Watsons stores in Russia are closed as early as the summer of 2022 (the closing process has been ongoing since the first days of Russia's full-scale invasion of Ukraine); all employees are dismissed, except for two for reporting, other administrative work, since closing a legal entity takes more time than a store; further liquidation of the legal entity in Russia is planned; the page https://www.instagram.com/watsonsrussia/ is closed and does not work; the Russian website also no longer exists. That is, in fact, commercial activity will be suspended in the summer of 2022 with the subsequent liquidation of legal entities.
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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