Reporting and analysis on retail, e-commerce, and consumer trends in Philippines, updated continuously by our newsroom.
Robinsons Retail reported a drop in profits during its third-quarter despite significant growth in net sales. The firm booked PHP1.25 billion (US$24.7 million) net income compared to PHP1.39 billion ($27.4 million) during the same period last year. The…
Japanese retailer Uniqlo is opening its first store in Baguio City on November 29. The 859sqm Uniqlo Baguio store at SM City is the brand’s first in the Cordillera region. It will carry its concept ‘Lifewear apparel’, which, according to the company, “comes…
Low-Cost carriers Cebu Pacific and Philippines AirAsia, Inc. started operating new domestic flights. The Gokongwei-led Cebu Pacific launched a direct flight between Cebu and Busuanga, which is the gateway to Coron, Palawan. The operation of the Cebu-Busuanga…
Cebu Pacific continues to expand its reach in mainland China with two new direct services between Clark and Guangzhou, Puerto Princesa and Hong Kong, making it the first airline in the Philippines to fly these routes. The new routes are in line with the…
Bangko Sentral ng Pilipinas aims to issue new implementation rules regarding Islamic finance before the end of the year and potentially allow banks to establish separate subsidiaries for the new business line. The BSP is pushing for an open approach where…
Taiwanese milk-tea brand CoCo Fresh Tea & Juice is slated to open its third store in Cebu City, Philippines in 2020. CoCo debuted in the urbanized city in March this year when it opened at the SM Seaside City shopping mall, followed by a second outlet six…
Filipino fast-food chain Jollibee is set to open its second UK restaurant, in Liverpool. Bee World UK, part of the Jollibee Foods Corporation, has already submitted a plan to transform a Lush store on Whitechapel into its flagship restaurant in the northwest…
Budget Carrier Cebu Pacific on Wednesday said it will launch in November direct flights between Puerto Princesa, Palawan and Hong Kong “to better connect the province to a wider market for tourists through a key international hub.” “Cebu Pacific will be the…
Available starting October 22, 2019, CEB Flexi gives CEB passengers the freedom to rebook flights until (2) hours before departure, offering convenience and peace of mind. This add-on can be purchased during booking through the airline website,…
Philippines specialty store retailer SSI Group will play host to Chinese restaurant chain Crystal Jade in the territory. The firm has contracted with Crystal Jade Management to own and operate the brand in the Philippines as part of its expanding F&B…
Lawson Philippines plans to grow its network from just 50 stores to about 500 within five years. The planned expansion leans on a new agreement between the firm and local partner Ayala Corp. Lawson had previously partnered with another local firm, Puregold…
Uniqlo Philippines will open its 60th store next week, at Ayala Malls Capitol Central in Bacolod. The Japanese fast-fashion brand has been undertaking a rapid rollout of stores in the country with the latest store – to open on October 18 – the ninth in the…
Shake Shack is launching its second Philippines outlet at the Mega Fashion Hall at SM Megamall. The restaurant is expected to open before the end of the year, with construction on the new venue already underway following a board up made by artist Kris Abrigo,…
A Philippine ad agency has created a streetwear brand to test its digital marketing strategies – and now it has gone global. What? Caps, developed by Eggshell Worldwide, led by Mark Wesley Pahate now ships to 220 countries worldwide, in partnership with…
Beauty-products retailer Shiseido has commenced operations in the Philippines through the newly-established Shiseido Philippines Corporation, a joint venture in partnership with Luxasia Partners. Shiseido is Japan’s largest beauty company with a presence in…
Philippines retailer Metro Retail Stores Group Inc (MRSGI) is planning to open up more opportunities for sustainable shopping. Speaking at the recent Regional Forum on the Promotion of Sustainable Consumption in the Association of Southeast Asian Nations…
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