Padini Holdings Berhad (Bursa: 7052) is a Malaysian fashion retail conglomerate that owns nine fashion labels familiar which are household brands in Malaysia. They include Padini, Padini Authentics, SEED, P&Co, PDI, Miki, Brands Outlet, Vincci, and Vincci Accessories. As of 2 January 2018, Padini Holdings Berhad is worth RM3.4 billion in market capitalization.
Padini is one of the many homegrown success stories from Malaysia. It all started with Mr. Yong Pang Chaun in the 1960s. He worked for a textile merchant in Singapore as soon as he finished secondary school. A few years later, in 1971, Yong returned to Malaysia and set up his enterprise known as Hwayo Garments Manufacturing Company. It was a sole proprietorship that manufactured ladies’ garments. From there, Yong established the Padini brand in 1975, Vincci in 1981, Miki in 1987, and Seed in 1990. Subsequently, he listed Padini Holdings Berhad on Bursa Malaysia in ...
...