Padini Holdings Berhad is a multi-brand fashion retailing corporation listed in Malaysia. As of 21 November 2019, its market capitalisation is at RM2.26 billion. In this article, I’ll cover the company’s shift in retailing strategy, latest annual results, and valuation ratios.

Here are 12 things to know about Padini before you invest:

1. Over the last five years, Padini has shrank its retail network from 366 outlets (281 local and 85 overseas) in 2014 to 191 outlets (141 local and 50 overseas) in 2019.

The reduction in the number of stores is due to the following:

Consolidation of individual-brand outlets into Padini Concept Stores. Previously, the company had operated retail outlets that were brand-specific, including Padini, PDI, Miki, Seed, P & Co, Padini Authentic, and Vincci. Over the last few years, Padini has been closing these individual-branded stores and shifted its focus toward Padini Concept Stores which houses...