ABOUT PARKSON RETAIL ASIA
Established in 1987, Parkson Retail Asia Limited (“Parkson” or the “Company”, and together with its subsidiaries, the “Group”) is a leading and award-winning Asian department store operator. Listed on the Mainboard of the Singapore Exchange Securities Trading Limited on 3 November 2011, Parkson’s department store count currently extends across cities in Malaysia, Vietnam and Laos.
Parkson offers its consumers wide range of merchandise from fashion apparel to household goods. The Group operates an efficient and competitive business model through a blend of concessionaire sales model, anchor tenant, customised product mix and state-of-the-art management tools.
Whilst the Group continues to operate predominantly on a blend of concessionaire sales model and anchor tenant in major shopping malls, over the years the Group has also introduced lifestyle elements such as food and beverage outlets to complement its department store operations. At the same time, in meeting the demands of the young, fashion-conscious and contemporary market, the Group has also launched its private label brands as well as agency apparel lines of international brands, some of which are in-house brands and some are exclusive to Parkson.
As it seeks to continuously refresh and enhance its offering, Parkson consistently strives to cater to the varying needs and preferences of its customers and to deliver value for its shareholders.