Tantoco-led retailer SSI Group, Inc. reported a 37.8 percent drop in net income for the first half of 2025 to ₱451.8 million from ₱726.3 million in the same period last year due to weaker consumer demand for mid to upscale goods. The company generated sales of ₱13.4 billion in January to...
Tantoco-led retailer SSI Group, Inc. reported an almost flat net income in the first quarter of the year as sales of fashion and casual wear lagged more basic items such as personal care, food, and home accessories. The firm disclosed to the Philippine Stock Exchange that its net income inched up...
SSI Group, Inc. (SSI), the Tantoco family’s retailer of upscale brands, reported a slight dip in profits to ₱2.51 billion last year from ₱2.58 billion in 2023 as a strong fourth quarter almost made up for weaker earnings earlier in 2024. In a disclosure to the Philippine Stock Exchange, the...
The Tantoco family has decided to combine all its consumer brands under one roof through the acquisition by publicly-listed SSI Group Inc. of Rustan Marketing Corporation (RMK) for ₱232.08 million. In a disclosure to the Philippine Stock Exchange, SSI said its Board of Directors had approved the...
Christmas to me is riding a bike around the CCP complex when it was quieter and most of the streets were off limits to motorists. I would bike as fast as I could, challenging gravity, while singing “God Rest Ye Merry Gentlemen” faster and faster until I could go no faster on the bike, let alone...
The Tantoco family’s upscale retailer SSI Group Inc. is more optimistic of its prospects next year compared to 2024 even as it continues to expand its food service portfolio to include the Venchi chocogelateria. In an interview, SSI President and CEO Anton T. Huang said, “I remain optimistic...
SSI Group, Inc., the Tantoco family’s holding company for its portfolio of upscale retail brands, reported at 27.8 percent drop in net income to P726.3 million for the first half of 2024 from P1 billion during the same period last year despite higher sales. The firm said in a disclosure to the...
Upscale retailer SSI Group Inc. of the Tantoco family reported a 21.1 percent drop in net income to P359.8 million in the first quarter of 2024 from the P456 million earned during the same period last year due to higher marketing expenses amid weaker demand. In a disclosure to the Philippine Stock...
SSI Group, the Tantoco family’s retail business holding company, continued to post record growth with net income rising 34 percent to hit an all-time high of P2.58 billion last year as consumer spending sustains its recovery. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
The Tantoco family’s SSI Group Inc. has upgraded its partnership with luxury goods firm Prada S.p.A from a franchise to a P380 million joint venture which is seen to ramp up the brand’s expansion in the Philippines. In a disclosure to the Philippine Stock Exchange (PSE), SSI said its...
The Tantoco family’s SSI Group continues to benefit from post-pandemic revenge shopping at its upscale stores resulting in net income more than doubling to P1 billion in the first half of 2023 from P491.4 million in the same period last year. The firm disclosed to the Philippine Stock Exchange...
Trunc.ph celebrates its anniversary with new brands and exciting treats Taking luxury shopping experience from plush boutiques to the dynamic virtual world has been the challenge for many retail destinations in the country. With their erratic operations due to the ever-changing community...
