These iconic establishments have weathered time and have remained on top of the game. Find out the individuals who founded these venerated brands and the keepers of the flame
The Philippines, characterised by its familial ties and a strong sense of community, is home to several family-led brands and establishments–some have even become cornerstones of the nation’s economic and cultural landscapes. With many coming from humble beginnings and others from accidental (or providential) success, these companies have grown, with each generation adding its touch to preserving tradition while ushering in innovation.
For instance, the Sy family’s SM Malls have expanded into a vast business empire, from retail to real estate. The same goes for Rustans, which, from its original spot at the Tantoco’s home in Manila, has become the country’s foremost purveyor of luxury retail.
In the food and beverage industry, the iconic Max’s, Aristocrat and Milky Way groups remain some of the industry’s long-standing family-run restaurants, with the new generations taking the lead and continuing their respective families’ legacies.
Behind the big names are new leaders who have kept traditions alive, passing down skills and business acumen from the elders to the youth. These family-operated enterprises are more than just businesses; they’re legacies. Their continued success speaks volumes about the Filipino values of hard work, perseverance and, above all, the importance of family in building and sustaining the nation’s rich commercial heritage.
Rustan’s
Back in 1952, inside the comfort of their San Marcelino home in Old Manila, the late husband and wife Bienvenido “Benny” Tantoco, Sr and Gliceria “Glecy” Rustia-Tantoco showed their friends a collection of unique products from their frequent travels abroad. Glecy’s taste in curation often attracted many visitors to their place, eventually prompting the couple to finally put up their first store.
Years later, this business evolved into what is now known as the Rustan Group of Companies (RGOC), one of the most celebrated retail giants in the Philippines. To continue the Tantoco legacy, the family, who perseveres to maintain their founders’ vision, sees that they reinvent and innovate themselves every year.
“Seventy years ago, my mother, Glecy, had a vision to bring the most luxurious and exciting brands to the Philippines, something that wasn’t done before,” recalls Zenaida “Nedy” Tantoco, Rustan’s chairperson and chief executive officer, during their 70th-anniversary event last year. “Her legacy continues to live.”
Now, they focus all their energies into harnessing Filipino creativity and craftsmanship. “Only recently did retailers realise that customers don’t buy products, they buy stories,” says Bienvenido “Donnie” Tantoco III, president of the Rustan Commercial Corporation and the eldest grandson of Benny and Glecy. “Only recently did even the best retailers realise the need to be curators of experiences. My lolo and lola already knew that in 1952. They christened Rustans as a place ‘where shopping is a pleasure’.”