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Luxury retailer SSI cuts capex to P400M

SPECIALTY retailer SSI Group, Inc. is cutting its 2020 capital expenditure (capex) budget by a third as it recalibrates expenses to adjust to the coronavirus pandemic.

SSI targets 20% of sales to come from e-commerce

SPECIALTY retailer SSI Group, Inc. is keen on expanding its e-commerce platforms to contribute 20% of its sales within the next few years.

SSI adds Crystal Jade to portfolio

SSI GROUP, Inc. is bringing back Singapore restaurant chain Crystal Jade to the Philippines next year, as the upscale retailer continues to expand its food and beverage portfolio.

Healthy sales push SSI’s Q2 earnings 17% higher

SSI GROUP, Inc. (SSI) reported its second-quarter earnings increased by 16.6% to P175.3 million, thanks to “healthy” top-line growth from its luxury and casual brands.

SSI income jumps 28% on sales of luxury brands

EARNINGS of SSI Group, Inc. increased by 28% in the first quarter, driven by “healthy” consumer demand and strong same-store sales growth.

SSI profit surges 121% on strong 4th quarter sales

SSI GROUP, Inc., Philippine retailer of Gucci, Zara and Gap, reported a 121% surge in net profit to P608.43 million in 2018, fueled by robust fourth-quarter sales.

Strong sales lift SSI’s bottom line in Q3

SSI GROUP, Inc. grew its profit by a fourth in the July to September period, boosted by higher sales across its brands.

Natori brings Japonisme and seasonless appeal in new collection

BOLD AND neutral caftan dresses with embroidery that appeal to young female professionals; printed matching pajamas, and silk lingerie that may be worn for outdoor activities and events -- these are some of the statement pieces in Josie Natori’s Fall 2018 and Resort 2019 Ready-to-Wear collection.

Photo exhibit highlights SSI’s ongoing 30th anniversary celebration

FOR 30 years now, the SSI (Stores Specialists Inc.) Group has changed the retail landscape of the Philippine by bringing in some of the world’s most influential brands to the Philippines: think Gucci, Prada, Calvin Klein, and Alexander McQueen, among many, many, others.

Robust sales boost SSI bottom line in Q2

EARNINGS of SSI Group, Inc. increased by 8% during the second quarter, fueled by a 13% growth in same-store sales.

Shake Shack’s plan to open in Philippines sends SSI stock soaring

Shake Shack Inc. is stirring up shares of SSI Group Inc. after the burger chain founded in New York selected the upscale Philippine retailer...

SSI marks 30th anniversary with promos and an app

WITHOUT Stores Specialists Group (SSI) Inc., avid fans of luxury products would still have to fly out of the country for a taste of clothes from some of the world’s favorite brands, such as Marc Jacobs, Prada, and Tod’s. This year — as the SSI group celebrates 30 years in the business with a new campaign called The Curated Life — it aims to make shopping even easier with the launch of a website and an app.

SSI earnings fall in Q1

EARNINGS of the SSI Group, Inc. fell in the first three months of the year, dragged by the weakening peso despite a single-digit growth...

Singapore Airlines and SSI tie up for shopping promo

DON’T throw your boarding passes away -- digital or paper -- if you’re getting on a Singapore Airlines (SIA) flight as Singapore’s flag carrier...

SSI merges 2 units to improve efficiencies

SSI GROUP, Inc. will be merging two of its wholly owned units to improve operational efficiencies within the company. In a disclosure to the stock...

SSI earnings up as it shuts stores

EARNINGS of SSI Group, Inc. rebounded last year on resilient customer demand and improved operating efficiencies even as the country’s largest specialty store retailer...