SSI Group signs joint venture with Prada in the Philippines
SSI Group has formed a joint venture with Prada Group through its subsidiary Stores Specialists, with the luxury retailer looking to expand the Italian firm’s presence in the Philippines.
The joint venture – Prada Philippines – will see initial investments of PHP16.6bn (US$300m) and PHP25bn (US$450m) from SSI Group and Prada Group, respectively.
For the full story, see the February 2024 edition of Textiles South East Asia.
Photo: Prada