Point S opens first store in Petaling Jaya, Malaysia
Leading Independent retailing group Point S opens first retail store in Petaling Jaya, Malaysia.
Kuala Lumpur, Malaysia
Point S today auspiciously (being the day after Chinese much celebrated mid-Autumn festival) opened its first store, in Petaling Jaya, Malaysia- a short 30 mins drive from Kuala Lumpur city Centre.
It was barely a year ago when Malaysia’s public listed GIIB group signed on as a license of Point S Malaysia. GIIB group, known regionally for its “Supercool” brand of retread rubber, took a significant step by venturing into Point S retailing franchise.
“We had deliberately positioned ourselves for other business model within the tyre industry, and saw an opportunity in the retailing scene of Malaysia, and especially with Point S retailing concept- which is a huge success not just in Europe, but also North America, as well as now in other regions”, says Mr. Tai Qisheng, Deputy CEO of GIIB group and currently also the Managing Director of Point S Malaysia.
With the opening of this store, Point S is effectively now present in Europe, North America, Africa, and now Asia. This is a significant move to make Point S, the first truly global tyre retailer.
Mr. Fabien Bouquet, CEO of Point S Development says, “We are elated to cross over to Asia- in our ambitious drive to be the first global tyre retailing chain. We registered our Point S Asia representative office in Singapore just earlier this year, and appointed GIIB to be our partner in Malaysia, and now our first store in Asia. This is really a significant moment for Point S, as well as the tyre industry. Look out for more news coming from Asia!”
About Point S
Registered and headquartered in France since 1971, Point S is the leading independent tyre and automotive service retailing group. The group now operations in 32 countries, with over 3500 retailing points of sale.
Point S in 2016 registered consolidated revenue of more than 3 billion Euro, selling more than 16 million tyres of various categories from passenger, light truck, 4×4, SUVs, truck and bus, industrial and agricultural tyres.
Point S range of Point S Summerstar and Winterstar passenger, light truck, and SUV tyres are produced by a leading European manufacturer for sale exclusively within the Point S Group.
Point S also retails a full range of automotive products and accessories from battery, wipers, brake and brake pads, which are produced by leading manufacturers in the respective industry.
Point S Press Contact for international:
Muriel Clarke, International Brand Manager, POINT S GROUP Alianco
muriel.clarke@alianco.ch +33 634 210 273