Parkson Retail Asia Archives - Page 2 of 2 - Inside Retail Asia

Parkson expands into food to stem losses

Embattled department store operator Parkson is set to enter new categories – gourmet food, supermarkets, beauty and import new fast fashion brands.

Parkson to launch fashion brand LOL

Malaysian department store retailer Parkson Retail Asia is to launch a new fashion label LOL, in partnership with listed Super Apparel Supply.

Parkson HK to take over Singapore assets

Malaysia’s Parkson Holdings is to sell a 67.6 per cent stake in its Singapore-listed Parkson Retail Asia Ltd to its Hong Kong listed subsidiary Parkson Retail Group Ltd.

Parkson Retail grows despite Vietnam drag

Parkson Retail Asia has reported increase sales and profit in the third quarter, largely due to pre-GST spending in Malaysia.

Parkson profits slump

Parkson Retail Asia has reported a 24.6 per cent slump in net profit – largely attributed to new store establishment costs. The Singapore-based department store operator has reported a second quarter trading profit of S$10.23 million. The company’s biggest problem markets appear to be Malaysia and Vietnam where same store sales are showing negative growth. And in Vietnam the company accrued costs relating to the closure of a store in the capital city, Hanoi. Total sales revenue was fl…

Parkson to debut in Myanmar

Department store chain to open first Myanmar store this month.

Parkson hits Myanmar

Parkson to open stores in Myanmar through JV.

Parkson invests in Sri Lankan retailer

Parkson Retail Asia to buy stake in Sri Lankan fashion retailer Odel.

Parkson goes to Indonesia

Parkson shows confidence in Indonesia with first department store to open next year.