Padini Holdings Berhad is a Malaysia-based investment holding company. The company sells both mens' and ladies’ shoes and accessories, garments, ancillary products, children’s garments, maternity wear and accessories through various subsidiaries. Its most prominent brands are Padini and VINCCI. Its goods are exported to mainly Asian countries.

Background

Its goods are sold in retail flagship stores and concept stores. The Padini Concept Store is a concept which houses all Padini Holdings brands under one roof or “one-stop-shopping”. The first of such outlets was opened in 1 Utama

1 Utama

1 Utama is a popular shopping mall in Bandar Utama, a suburb in the northern part of Petaling Jaya, Selangor and is located just opposite Taman Tun Dr Ismail in Kuala Lumpur, the capital city of Malaysia....

, Malaysia in the mid 2000's. Padini Holdings Bhd focuses on fast retailing, where new products come online within weeks.

History

Padini began operations as Hwayo Garments Manufacturers Company in 1971, it was affiliated in garment manufacturing and wholesaling. It entered the retail industry in 1975 with flagship brand Padini. VINCCI was established to market ladies shoes, bags, belts and other accessories in 1986. Many brands including MIKI

Miki

mikiMiki may refer to:-Places:*Myki, Greece, a village in the Xanthi Prefecture, Greece*Miki, Hyogo, a city northwest of Kobe in Hyogo Prefecture, Japan; location of former Miki Castle, which was conquered in the Siege of Miki 1578–1580...

, SEED

SEED

SEED is a block cipher developed by the Korean Information Security Agency. It is used broadly throughout South Korean industry, but seldom found elsewhere. It gained popularity in Korea because 40 bit SSL was not considered strong enough , so the Korean Information Security Agency developed its...

, ROPÉ

Rope

A rope is a length of fibres, twisted or braided together to improve strength for pulling and connecting. It has tensile strength but is too flexible to provide compressive strength...

, P & Co., PDI

PDI

-Parties:* Party for Justice and Integration, an Albanian political party* Partai Demokrasi Indonesia , a defunct political party...

and PADINI AUTHENTICS labels were launched in the following decades.

In 1991, Home Stores Sdn Bhd was launched to hold all the companies involved in the Group's retail, wholesale and manufacturing businesses. It was subsequently renamed to the present Padini Holdings a year later. In 1995, Padini Holdings Sdn Bhd was converted to a public company limited by shares and adopted the name, Padini Holdings Berhad and soon listed on the Second Board of the then Kuala Lumpur Stock Exchange.

The year 2000 witnessed the establishment of Padini Dot Com Sdn Bhd to provide electronic business services and solutions for the group. Padini Holdings was transferred to the Main Board of the KLCI

KLCI

KLCI is a radio station serving the northwest Twin Cities area of Minnesota, United States, that airs a country music format. They are licensed to suburban Elk River, Minnesota and serve the Twin Cities as a rimshot signal. Bob 106's transmitter is in Albertville, Minnesota.KLCI's playlist focuses...

 Bursa Malaysia

Bursa Malaysia

Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services.- History :Bursa...

in 2005.

VINCCI

The most prominent brand of the Padini family. A footwear brand that focuses on chic and affordability, most of its shoes are made from synthetic material. It also sells watches, sunglasses, PVC handbags and bead accessories.

MIKI

The two brands under the MIKI flag are: MIKI Kids and MIKI Maternity. MIKI Kids are designed for toddlers while Miki Maternity is designed for fashionable mums-to-be. polyester spandex, poly rayon spandex, cotton poplin and cotton nylon are among the materials used.

SEED

SEED focuses on urban office-wear for the masses. Affordable and forward-looking. The clothes under this line are usually jackets, coats, suits, office pants and knee-length skirts.

Padini Authentics

This brand focuses on quality casual wear. Its targets the teenager segment of the market. It sells pullovers, jackets, shirts and a variety of denims, khakis and knitwear.

Subsidiaries

Its major subsidiaries include:
Vincci Ladies’ Specialties Centre Sdn. Bhd,
Padini Corporation Sdn. Bhd.,
Seed Corporation Sdn. Bhd.,
Yee Fong Hung (Malaysia) Sendirian Berhad,
Mikihouse Children’s Wear Sdn. Bhd.,
Vincci Holdings Sdn. Bhd.,
Padini Dot Com Sdn. Bhd.,
The New World Garment Manufacturers Sdn. Bhd.
Padini International Limited.