ssi

Retail Asia16/12/2022

Many retail chains opened new stores this year even as retail sales of consumer goods and services saw a year-on-year rise of 20.5% in the first 11 months. Despite weakening external factors, continued domestic demand brought some relief, according to a report by HSBC. But though the pace started to slow down, retail sales remained […]

Retail Asia24/01/2017

Speciality stores operator SSI Group has signed a joint venture deal with a Japanese company to bring the Muji retail brand to the Philippines. SSI Group, through its wholly owned subsidiary Stores Specialists Inc. (SSI), entered an agreement with Japan’s Ryohin Keikaku Co. Ltd. (RKJ) to form a joint venture company called Muji Philippines, which […]

Retail Asia01/04/2016

Metro Retail Sales, Visayas’ largest retailer, has reported a rise in after-tax income of 20.6 per cent to P758.6 million (US$16.4 million) for 2015. Metro Retail (MRSGI)’s net sales grew 13.9 per cent to P32.5 billion last year from 2014, said the company in a disclosure to the Philippine Stock Exchange. Earnings before interest, taxes, […]

Retail Asia26/06/2015

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SSI subsidiary Shops Specialists has obtained the franchise for the Joe Recent style model within the Philippines. SSI will open a sequence of Joe Recent Philippines shops underneath licence from Loblaw, the Canadian retail big which owns the model. The primary shops will open subsequent yr, ranging attire, equipment, footwear and wonder merchandise for ladies, […]

Retail Asia20/06/2015

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Specialty retailer SSI Group has entered into a deal to bring to the Philippines Joe Fresh, one of Canada’s leading fashion retailers. In a disclosure to the Philippine Stock Exchange, SSI said it had entered into a franchise partnership with Loblaw Companies Ltd. and its affiliates, the owners of Joe Fresh, to open free- standing Joe […]

Retail Asia03/04/2015

The Philippines’ largest specialty store retail business, SSI Group, has reported a massive 63 per cent jump in its annual profit. SSI Group says its 2014 surplus was 998.7 million Pesos (US$66.9 million), up from 613.7 million P ($41 million) in 2013. The company’s brand portfolio includes Marks and Spencer, Gucci, Burberry, Hermès, Prada, Salvatore […]

Retail Asia02/04/2015

Fresh from announcing record profit growth, Philippines specialty retail operator SSI Group says it plans to open 130 new stores this year. The expansion plan will be ramped up even further if current discussions with four international fashion brands not yet launched in the Philippines come to fruition. They could arrive late this year or […]

Retail Asia27/01/2015

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An online store recently launched in the Philippines by Stores Specialists will soon become the nation’s online gateway to global brands. Stores Specialists Inc is a member of the SSI Group, the number one lifestyle specialty retailer in the Philippines, a member of the Rustan’s Group of companies. It manages leading fashion, luxury and lifestyle […]

Tag: ssi

Retailers expand operations, sales see steady recovery

SSI partners with Muji operator to bring Japan brand to Philippines

Metro Retail income soars 20.6 per cent

SSI to launch Joe Recent Philippines

SSI brings Canadian fashion retailer Joe Fresh to PH

SSI Group profit soars

SSI Group plans 130 new stores

SSI launches online store in Philippines