Corporate

Shein, Forever 21 owner sign deal as fast-fashion majors look to widen reach

Shein said on Thursday it has partnered with SPARC Group, a joint venture between Forever 21 owner Authentic Brands and mall operator Simon Property, as the online fashion retailer and its rivals look to expand their market reach.

Filinvest Land plans raising P12B via fixed-rate bond sale

Filinvest Land Inc. said Friday its executive committee has approved the sale of fixed-rate bonds that could raise as much as P12 billion.

Ayala Group takes controlling stake in EV battery swapping joint venture

Ayala Corp. said Friday that along with a Globe Telecom Inc. subsidiary, it has taken a controlling stake in an electric vehicle battery swapping joint venture with a unit of Nasdaq-listed Gogoro Inc.

FLI breaks ground at new industrial park in Laguna

Property developer Filinvest Land Inc. on Thursday broke ground at its 25-hectare Filinvest Innovation Park-Ciudad de Calamba project in the city’s Barangay Bubuyan.

San Miguel raises P13B via preferred shares sale

San Miguel Corp. said Thursday it raised nearly P13 billion from the private placement of 173.3 million series 2-M preferred shares.

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