Parkson Retail Group – Malaysian promise

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.

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Other Articles on this Issue

• 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

• The Big Call

  'Shrinking' China spurs development

• In Depth

  A bubble, a banking crisis or a soft landing?

• Funds Data

  Flows to China remain down

• The Best of Chinese Commentators

  'New generation' migrants

  Bank shares in 2010

• Guest Column

  A long-term China bull

• View issue