THE WHAT? AS Watson and Al-Futtaim Group have introduced the opening of Watsons’ new flagship retailer at Metropolis Centre Bahrain Mall. This location is the third retailer to open throughout the area of three months within the nation, strengthening the sweetness retailer’s presence throughout the GCC.
THE DETAILS Malina Ngai, Group CEO of AS Watson Group, feedback, “The growth of Watsons well being and sweetness retail expertise into Bahrain is a vital milestone in our dedication within the GCC area. Simply as essential, this new flagship retailer additional strengthens our partnership with Al-Futtaim Group to serve prospects on this vibrant area the place high-quality health and beauty merchandise are more and more in demand.”
THE WHY? Watsons defined in a press release that Bahrain is a dynamic potential market with a surging demand for well being and sweetness merchandise, pushed by a predominantly younger inhabitants – over two-thirds of Bahrainis are beneath the age of 35 – who’re pursuing high-quality merchandise. Elevated consciousness of magnificence tendencies, influenced by social media and life-style shifts, has led prospects to better spending on private grooming. With a projected market development of US$38.8 million at a CAGR of 5 % from 2024 to 2029, Bahrain presents an thrilling alternative for Watsons as a part of its growth technique.