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SM Home, the popular home and living subsidiary of Philippine retail giant SM, is set to unveil its freshly redesigned Makati flagship store this week. This debut also marks the commencement of a wider overhaul of SM Home’s retail format. Innovation in Store…
The Philippines’ SM Group is quickly transforming its beauty and wellness portfolio in response to a surging demand from consumers across the nation. With an ambitious aim to be at the forefront of this booming sector, SM Beauty has introduced over 1,000…
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…
SM Retail has achieved a first-quarter profit increase of 5 percent to P2.7 billion (US$51.7 million). Retail revenues in the first three months rose by 13 percent year-on-year to P79 billion, while sales from specialty retail stores grew by the same…
Philippine property giant SM Prime Holdings says its net income in the first quarter increased 16 percent based on higher rental income and residential sales. Gross earnings increased 14 percent to PHP26.5 billion (US$508.1 million) during the time period,…
The Philippines’ PLDT and mobile division Smart have signed an agreement with Nokia to pilot the deployment of 5G technologies and services in schools. The agreement will see PLDT, Smart and Nokia collaborate to identify real-world 5G standalone solutions for…
Affordable luxury leather goods brand Michael Kors has finished renovating its flagship store in Manila, reopening to the Filipino customer in October 2017. Located at Greenbelt 5, the improved Makati store unveils a new play on metal accents — as seen on…
Michael Kors Philippines has completed the renovation and reopening of its flagship store at Greenbelt 5 in Makati. The US affordable luxury brand is distributed in the Philippines by Stores Specialists Inc (SSI) and has other stores at Central Square on…
Keeping in mind the growing demand for safer travel, globally recognized travel gear brand Pacsafe has opened its first flagship store in the Philippines. The boutique, the company’s first in the world, is located at G/F Glorietta 5, Makati City. It was…
Philippine service provider PLDT has opened the country’s biggest data center at major business district Makati City. The new facility has been built to serve a wide range of organizations, particularly those handling vital data such as banks, business…
The National Basketball Association (NBA) has opened the third Manila NBA Store. “[The new branch] has the most complete assortment of [NBA] products and merchandise in the Philippines,” said NBA Philippines MD Carlo Singson during a press conference. The…
Prada Philippines has reopened its high profile boutique in the Greenbelt Ayala Center in downtown Makati, Manila. The expanded and renovated store inside the prestigious mall was designed by architect Roberto Baciocchi, covers a total area of approximately…
John Lewis, a chain of quality department stores operating through out Great Britain, will open its first shop-in-shop in the Philippines at SM Makati today. The chain is part of the John Lewis Partnership, and is known for its slogan “Never Knowingly…
