The resilience and transformation of SM's business
The Philippine Star|November 10, 2024
A STEP AHEAD |In the late 1950s, a small shoe store called Shoemart opened in the bustling shopping district of Rizal Avenue in downtown Manila.
The resilience and transformation of SM's business

While this is a well-known chapter in SM's history, few realize that one shoe brand, Parisian, grew alongside Shoemart, marking a significant milestone in the legacy of its founder, Henry Sy Sr.

Harley Sy, executive director of SM Investments and co-vice chairman of SM Retail, shared this interesting piece of history. "Shoemart was established in October 1958 and my father's shoe brand, Parisian for ladies, was also established in 1958, born from his travels abroad in search of quality footwear for Filipinos. His obsession with shoes was well known; he believed that comfortable, well-fitting shoes should be an affordable aspiration for everyone."

The old Shoemart Parisian shoebox design featured the iconic Eiffel Tower; back then, Europe was a symbol of the highest aspiration, hence the name Parisian for Sy's first shoe brand.

This story is from the November 10, 2024 edition of The Philippine Star.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the November 10, 2024 edition of The Philippine Star.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE PHILIPPINE STARView All
ALL THAT IS USEFUL LENDS ITSELF TO WASTE INSIDE JON OLARTE'S 'GYRE DOMINION'
The Philippine Star

ALL THAT IS USEFUL LENDS ITSELF TO WASTE INSIDE JON OLARTE'S 'GYRE DOMINION'

Darkness and a deep rumbling greet the visitor upon stepping into Jose Olarte's \"Gyre Dominion.\" Like an underground power plant, the square space feels like a command center, with all its CRT monitors, toggles, and bare walls.

time-read
3 mins  |
January 13, 2025
BLOOD, SUGAR, BREATH AND COSMOS MAGIK
The Philippine Star

BLOOD, SUGAR, BREATH AND COSMOS MAGIK

Rock history is awash in tales of wild music producers, adding to the manic energy of studio sessions.

time-read
4 mins  |
January 13, 2025
Into the paint
The Philippine Star

Into the paint

Ongoing at the Kalaw-Ledesma Foundation Center until Jan. 21, 2025, \"The Muralist Who Prefers Basketball,\" a project by Sofia Santiago-Jimenez, delves into the intentional and incidental connections between Philippine art and basketball culture.

time-read
1 min  |
January 13, 2025
Here's to a New Year of happy travels and bonding opportunities
The Philippine Star

Here's to a New Year of happy travels and bonding opportunities

The recent Christmas and New year season was probably one of the most fun but tiring holiday seasons I've experienced.

time-read
6 mins  |
January 13, 2025
Voltaje by Arce opens at Art Underground
The Philippine Star

Voltaje by Arce opens at Art Underground

Through masterful strokes and sculptural textures, Arce's work radiates a visceral energy that mirrors the invisible forces of electricity—dynamic, potent and transformative.

time-read
1 min  |
January 13, 2025
JILLIAN WARD STEPS UP TO THE ROM-COM CHALLENGE
The Philippine Star

JILLIAN WARD STEPS UP TO THE ROM-COM CHALLENGE

JILLIAN WARD IS FURTHER transitioning into a more grown-up artist with her latest GMA Network project, \"My Ilongga Girl.\" The primetime series, which premieres tonight, represents an exciting new chapter for the soon 20-year-old former child star, allowing her to venture into the world of love teams and romantic-comedies after her hit medical-themed afternoon series \"Abot-Kamay na Pangarap.\"

time-read
2 mins  |
January 13, 2025
Fiji Blue honors wife in debut album
The Philippine Star

Fiji Blue honors wife in debut album

Indie pop singer-songwriter Fiji Blue's newly released album Glide was created during a time when he was experiencing the highs and lows of life — struggling with his creative process, getting married and learning that his wife had cancer.

time-read
2 mins  |
January 13, 2025
The Philippine Star

inDrive Eyes 18k Drivers in 2025

Ride-hailing giant inDrive plans to grow its fleet to more than 18,000 drivers this year, as it gains ground across the Philippines for its cheap fares and industry-low commission.

time-read
1 min  |
January 13, 2025
The Philippine Star

DOE: Over 6,800 MW Projects to Boost Power Supply This Year

The Philippines is in a much better power situation in 2025.

time-read
2 mins  |
January 13, 2025
The Philippine Star

Aboitiz unit seeks ERC approval for P895-M transmission facility

A subsidiary of Aboitiz Power Corp. is seeking regulatory approval to build and operate a transmission facility worth P895.6 million that will connect its floating solar project in Zambales into the Luzon grid.

time-read
1 min  |
January 13, 2025