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Market Chatter: Ayala Corp, Musinsa Sign Distribution Deal in the Philippines

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Musinsa and Ayala Corp's (PSE: AC) ACX signed an exclusive distribution deal for the Philippine market, according to a statement cited by media reports on Wednesday.

Aside from distribution, the agreement between the South Korean online fashion retailer and the Philippine conglomerate will also include the second-half 2026 opening of the first Musinsa Standard store in the Southeast Asian country.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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