Parkson Archives - Inside Retail Singapore
Parkson Retail Asia is embroiled in a legal stoush in Cambodia over a mall not completed on time.
Struggling department store operator Parkson Retail Asia has hinted it may close further stores as it posted yet another loss.
Parkson Retail Asia has had a lacklustre start to its fiscal year, its unaudited first-quarter figures show.
Parkson Retail Asia warns it expects to finish its latest financial year with losses.
Parkson Retail Asia’s third-quarter net loss deepened 24.4 per cent to S$9.1 million (US$6.4 million).
Parkson Retail Asia has gone from profit to a net loss of S$2.23 million for its latest quarter.
Asian department store giant Parkson Retail has voluntarily suspended trading in its share pending a major announcement.
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 quart…