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Li Ka-shing's Watsons drugstore chain pulling out of Russia

Group says decision made in January over 'unsatisfactory performance'

Watsons put its brand on its Russian stores in 2018, 13 years after buying local health and beauty chain Spektr.    © AP
PAK YIU, Nikkei staff writer | Russia & Caucasus

HONG KONG -- International drugstore chain Watsons, a unit of Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings, is shutting down all its stores in Russia.

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