Padini background of company

Working capital cycle of Padini decreases from days in to 52 days in but subsequently increases to days in due to significant changes in inventory days. They need to ensure that all aspects of the business in terms of people, partners and timing are met and in place before expanding overseas aggressively.

A footwear brand that focuses on chic and affordability, most of its shoes are made from synthetic material. The interest cover increases significantly by Data may be intentionally delayed pursuant to supplier requirements.

They are committed to achieve this goal through hard work, discipline and creative endeavor. In terms of the share price, it is noted that there is a significant decrease in share price of the group in year due to a share split involving subdivision of its existing shares to enhance its share liquidity.

It entered the retail industry in with flagship brand Padini. It was subsequently renamed to the present Padini Holdings a year later. However, the quick ratio of greater than 1 indicates that the group is in relatively good short-term financial standing and will be able to pay its current obligations in time when they fall due.

Indexes may be real-time or delayed; refer to time stamps on index quote pages for information on delay times. It also sells watches, sunglasses, PVC handbags and bead accessories.

Introduction Purpose of report This research is carried out to enable us have a better understanding on the financial statements and business direction of Padini Holdings Berhad. By utilising more on long term sources of finance, it benefits Padini with the priority of claim in the event of liquidation and debt interest is tax deductible.

SIX Financial Information a does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and b shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom.

Hence, prices are set affordable for this segment of customers which will definitely attract their attentions. These would allow Padini to benefit via greater exposure through nationwide retail promotions to widen its footprint. It indicates that there is a significant increase which contributes to the large percentage of the total long term funding of Padini.

This enhanced the liquidity of shares and has enabled the shareholders to have larger number of shares without dilution of their earnings. Background[ edit ] Its goods are sold in retail flagship stores and concept stores.

Padini is less vulnerable to downturns in the business cycle and will not face the risk of going concern. There is only a share split involving subdivision of every one existing share of RM1. In conclusion, Padini has been adopting a conservative approach as their financing policy by using long term source of finance in primarily funding their current assets.

In conclusion, we can say that Padini Holdings Berhad is financially viable and will not face any going concern difficulties in a few years down the road. The share split is ranked pari passu in all respects amongst themselves.PADINI started to operate its company in Malaysia's apparel industry, manufacturing, trading and supplying garments to order for retailers and distributors.

The PADINI Concept Store is a concept store that selling all PADINI Holdings brands in. Business Background Padini Holdings Bhd is a Malaysian investment holding company. The company and its subsidiaries are principally engaged. Padini Holdings Bhd. operates as an investment holding company, which manufactures and retails garments, ladies shoes and accessories.

Its brands include Padini, Padini Authentics, PDI, Seed, P&Co, Vincci, Vincci Accessories, Tizio, Miki kids and Brand Outlet. The company was founded in and is headquartered in Shah Alam, Malaysia.

Padini Holdings Berhad operates in the Women's Clothing & Accessory Stores sector.

Padini Holdings Berhad is a Malaysia-based investment holding company. The Company offers garments, shoes and fashion accessories under a range of brands.

Padini Holdings Berhad, an investment holding company, engages in the retail of garments and ancillary products in Malaysia and internationally.

It deals in ladies’ shoes and accessories; and children’s garments and accessories. Padini Holdings Bhd is a Malaysian investment holding company.

The company and its subsidiaries are principally engaged in the retailing of garments industry. The group has five segments, these companies are the strategic business units of the Group.

Padini background of company
Rated 3/5 based on 78 review