Watson's (Your Personal Store) - History

History

Dr. Thomas Boswell Watson (1815–1860), was the first member of the Watson family to arrive in the Far East, where in 1845 he set up a private practice in Macau, on the south west coast of China. After selling his practice to a fellow doctor, he moved to Hong Kong in 1856 where he became part owner of the Hong Kong Dispensary, an offshoot of the Canton Dispensary which operated from 1828–1858. Known as the "Big Medicine Shop" (Chinese: 大藥房; Cantonese: Dai Yeuk Fong), the dispensary's main customers were soldiers and sailors. The dispensary was not known as A.S. Watson until 1870 although Alexander Skirving Watson took over in 1858 following management changes. T.B. Watson sent his family back to Scotland in 1857 and he himself followed two years later.

Following the death of Dr T. B. Watson in 1860, the Hong Kong Dispensary was leased to A.S. Watson and two other doctors, and from 1862 onwards, the name A.S. Watson featured prominently at the Hong Kong Dispensary. In 1871, the Watson family leased the company to Dr John David Humphreys and Dr Arthur Hunt, and thereafter trading was executed under the name A.S. Watson & Company. Retail outlets were known as "Watsons the Chemist".

The current owners, Hutchison Group, acquired a controlling interest in A.S. Watson & Co., Ltd in 1963. In 1981, it became a wholly owned subsidiary of Hutchison Whampoa Ltd. At this time, the group had 75 retail outlets.