E - C O M M E R C E
          
        
        
          S
        
        
          PHERE
        
        
          127
        
        
          
            R E T A I L & M A N U F A C T U R I N G
          
        
        
          
            PARK
          
        
        
          n
        
        
          
            SHOP
          
        
        
          has
        
        
          launched two 24-hour
        
        
          PARK
        
        
          n
        
        
          SHOP
        
        
          Express stores, one
        
        
          in Kowloon and the
        
        
          other on Hong
        
        
          Kong Island.
        
        
          Express stores are
        
        
          similar to mini-
        
        
          supermarkets, stocking
        
        
          one thousand products
        
        
          with a focus on instant food
        
        
          and emergency items such as medicine.
        
        
          Members of the
        
        
          
            A.S.
          
        
        
          
            Watson Group
          
        
        
          (ASW)
        
        
          raked in an impressive list
        
        
          of awards during 2002,
        
        
          reflecting excellent service,
        
        
          quality and teamwork.
        
        
          •
        
        
          
            Nuance-Watson
          
        
        
          won
        
        
          the prestigious
        
        
          
            Hong
          
        
        
          
            Kong Retail
          
        
        
          
            Management
          
        
        
          
            Association
          
        
        
          (HKRMA) “Service &
        
        
          Courtesy Award” in the travel retail
        
        
          category for the fourth consecutive year.
        
        
          •Nuance-Watson employee Natallia Chan
        
        
          Pui-kei won both the HKRMA “Junior
        
        
          Frontline Award” and the overall “On The
        
        
          Job Performance Award.”
        
        
          • Fiona Chan Chun-fung of
        
        
          
            Labels
          
        
        
          received
        
        
          top honours in the “Supervisory Level
        
        
          Award.”
        
        
          • Liong Kam-wa, sales manager of
        
        
          
            Fortress
          
        
        
          electrical appliance store at Ginza Plaza, won
        
        
          the HKRMA Service & Courtesy Award for
        
        
          Supervisors.”
        
        
          • In the “Yahoo! Emotive Brand Awards”
        
        
          
            PARK
          
        
        
          n
        
        
          
            SHOP
          
        
        
          was voted the “Brand
        
        
          Yahoo! Users Trust the Most.”
        
        
          •PARK
        
        
          n
        
        
          SHOP also won
        
        
          
            Next Magazine’s
          
        
        
          “Top Service Award 2002” for a record 12th
        
        
          time in the Supermarket/Convenience Store
        
        
          category.
        
        
          •
        
        
          
            Great Food Hall
          
        
        
          was voted “The Best
        
        
          Food Shop” by readers of
        
        
          
            HK Magazine
          
        
        
          .
        
        
          •
        
        
          
            Watson’s Wine Cellar
          
        
        
          was voted “The Best
        
        
          Wine Store” by readers of
        
        
          
            HK Magazine.
          
        
        
          •Already a “Superbrand” in Hong Kong,
        
        
          
            Watsons Water
          
        
        
          was a triple winner in the
        
        
          “4 ‘A’s Creative Awards” for its latest TV
        
        
          advertising campaign.The “It’sYour Body –
        
        
          Sport”TV commercial earned an editing and
        
        
          cinematography award, while its “Life”
        
        
          counterpart also earned a cinematography
        
        
          award.
        
        
          •The newWatsons Water bottle, launched in
        
        
          June 2002, won the “Best Packaging Material
        
        
          Printing” category in the Hong Kong Print
        
        
          Awards.
        
        
          •ASW was presented the “Diamond Donors
        
        
          Award” by the
        
        
          
            Community Chest
          
        
        
          in
        
        
          recognition of the group’s donation drives
        
        
          throughout the year, which collectively raised
        
        
          many thousands of dollars for good causes.
        
        
          
            Basket of Awards Reflects ASW’s Success
          
        
        
          TOM Expands Portfolio
        
        
          In separate joint ventures in December, the
        
        
          
            TOM Group
          
        
        
          teamed up with
        
        
          
            Charm Art
          
        
        
          
            & Advertising
          
        
        
          (Charm), the leading
        
        
          advertising agent of
        
        
          
            China Central
          
        
        
          
            Television
          
        
        
          (CCTV), and with
        
        
          
            Henan
          
        
        
          
            Ming Sheng Advertising
          
        
        
          (Ming Sheng),
        
        
          China’s foremost print media advertising
        
        
          agent.
        
        
          TOM holds a 60% interest in Charm, which
        
        
          has registered capital of approximately ten
        
        
          million yuan (about US$1.2 million).The JV
        
        
          will provide design, production and agency
        
        
          sales services for TV and other media.
        
        
          The JV with Ming Sheng will focus on
        
        
          advertising, design & production for print
        
        
          media and advertising agency services.
        
        
          Registered capital is approximately two
        
        
          million yuan with TOM holding a 51%
        
        
          interest.
        
        
          Ming Sheng represents over 266
        
        
          periodicals and magazines and 23
        
        
          newspapers nationwide.
        
        
          In a separate deal,TOM has acquired the
        
        
          businesses of two Hong Kong magazines,
        
        
          
            Cup
          
        
        
          and
        
        
          
            AV
          
        
        
          , from
        
        
          
            Sing Pao Media.
          
        
        
          TOM
        
        
          agreed to pay approximately
        
        
          HK$800,000
        
        
          (about
        
        
          US$102,500)
        
        
          for fixed assets
        
        
          and HK$1 for
        
        
          the magazines’
        
        
          brands and
        
        
          businesses.
        
        
          
            Watsons Philippines Sees Rapid Expansion
          
        
        
          
            Watsons Philippines
          
        
        
          opened an
        
        
          amazing 14 new stores in the last two
        
        
          months of 2002, bringing the total
        
        
          number of outlets to 83 within just a
        
        
          year of operation.
        
        
          Four units were opened in Bicutan, a
        
        
          new shopping mall located near the
        
        
          Manila airport and home toWatsons’
        
        
          latest expansion idea: full-service beauty
        
        
          departments within department stores.
        
        
          Watsons has opened a 5,000-sq. ft. beauty
        
        
          department incorporating the first nailbar
        
        
          and full facial and treatment room in a
        
        
          department store – customers can even
        
        
          enjoy a mud bath!
        
        
          PARK
        
        
          n
        
        
          SHOP Express