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Shopping malls play an important role in the Philippine economy. Major Philippine mall chains include SM Supermalls, which has over 86 shopping malls around the country, and Ayala Malls, which has 31 shopping malls nationwide.
SM Supermalls, or simply SM, is a chain of shopping malls owned by the Philippines-based SM Prime. As of January 2025, it has a total of 95 malls (87 in the Philippines and 8 in China). It also has 13 malls under construction (5 in the Philippines and 2 in China). It was formerly known as Shoemart.
SM Seaside City in Cebu City. This is a list of notable shopping malls in the Philippines.The retail industry in the Philippines is an important contributor to the national economy as it accounts for approximately 15% of the country's total Gross National Product (GNP) and 33% of the entire services sector.
Prior to the Pacific War, Escolta Street was also home to the city's first standalone department stores, including H.E. Heacock, until then the largest department store in the Philippines, opening in 1900, and the Aguinaldo Department Store, the most premium store in the Philippines opening in 1921. Other notable stores in the 1920s and 1930s ...
The most famous brand of Onitsuka Tiger shoes is the striped Mexico 66 Line. Asics still sells vintage-style Onitsuka Tiger shoes, including the Mexico 66. In Asics' portfolio, Asics is oriented towards sports performance, Asics Tiger focuses on retro and lifestyle sportswear, and Onitsuka Tiger has premium positioning and designer collaborations.
Asics generated ¥570.4 billion in net sales and ¥35.2 billion in net income in fiscal year 2023. 50% of the company's income came from the sale of performance running shoes, 33% from other shoes, 6% from apparel and equipment, and 11% from Onitsuka Tiger. 16% of the company's sales were in Japan, 21% in North America, 27% in Europe, 14% in ...
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