High inflation has prompted China to adopt a new motto for 2011 monetary policy: “wenjian,” meaning “stable,” “steady” or “prudent,” adjectives that run contrary…

Pacific Epoch’s monthly department store update analyzes the sales performance and strategy of China’s leading department store chains. The report includes results from surveys…

A recap of department store operator Parkson's performance in FY 2010, following the release of its earnings report, as well as our expectations for 2011.

Department store operator Parkson (3368.HK) recorded net income of RMB 991.8 million in 2010, after booking 12.6% y-o-y growth in operating revenues to RMB 4.40 billion, the company…

Pacific Epoch’s monthly department store update analyzes the sales performance and strategy of China’s leading department store chains. The report includes results from surveys…

Shenzhen-based retailer Maoye International Holdings (0848.HK) has acquired a 70% interest in Yangzi River Department Store for RMB 174.46 million, the company announced December…

Parkson Retail Group (3368.HK) has disposed of its indirectly-held 55% equity interest in Yangzhou Parkson Plaza for RMB 78.5 million, Parkson announced on November 30. The company…

Pacific Epoch’s monthly department store update analyzes the sales performance and strategy of China’s leading department store chains. The report includes results from surveys…

Parkson Retail Group (3368.HK) has agreed to acquire Shantou Parkson, operator of the Parkson department store in Shantou, Guangdong Province and an indirect subsidiary of the…

Parkson Retail Group made net income of RMB 228.54 million in the third quarter of 2010, an increase of 13.7% y-o-y, the company announced on November 12. Parkson recorded gross…