Robinsons Retail Holdings Inc. (RRHI), one of the country’s largest retailers led by the Gokongwei family, has repressed 22.2 percent of tis shares from GCH Investments Pte. Ltd. in a deal worth P15.77 billion.
Tycoon Robina Gokongwei-Pe, chair of Robinsons Retail, had a playful reaction to news of Puregold heir Ferdinand Vincent Co dating Bea Alonzo, adding a light twist to the latest celebrity-business crossover.
Robinsons Retail Holdings, Inc. reported core earnings of P1.2 billion in the first quarter of 2025, up 4.9 percent year-on-year, driven by higher operating income and lower interest expenses.
The Gokongwei family’s push into the hard discount retail space is gaining traction, as stores and sales continue to grow in the Philippines, fueling optimism that profitability will soon follow.