Consumer China
Parkson Retail Group – Malaysian promise
- Published 11 Feb 2010
High margin cosmetic sales are helping bolster Parkson's performance.
Background:Parkson Retail Group (3368:HKG), a unit of Malaysia's Parkson Holdings Berhad (ACB:KL), is a mid to upper end department store operator, offering products such as clothing, electronic goods and cosmetics. The company operates under the Parkson and Xtra brands and has 45 outlets in 28 cities across China, as well as 35 in Malaysia and five in Vietnam. It aims to open its first outlet in Cambodia in 2011. Non-proprietary brands account for almost 90% of Parkson's annual sales.
Login
If you are already an subscriber, please log in below.
China Confidential Funds
China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.
Other Articles on this Issue
-
The Big Call
'Shrinking' China spurs development
-
Consumer China
Department Stores: Only the savvy may win
Beijing Wangfujing Department Store
Golden Eagle Retail Group
Yinchuan Xinhua – a champion at home
New World Department Store
-
Funds Data
Flows to China remain down
-
In Depth
A bubble, a banking crisis or a soft landing?
-
Guest Column
A long-term China bull
-
The Best of Chinese Commentators
'New generation' migrants
Bank shares in 2010
-
Editor's View
A New Year
- View issue
v4.0.2.14 running on ftbwebw-sun-02-z1
