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Negosyo Tayo | Shoes, bags, and accessories business
PTVPhilippines
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3/24/2025
Negosyo Tayo | Shoes, bags, and accessories business
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Transcript
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00:00
Bags and shoes business is one of the hot topics in the market right now
00:05
because who doesn't want to invest in quality and stylish items, right?
00:10
From trendy handbags to elegant footwear,
00:14
you can easily offer products that suit the lifestyle budget of your customers.
00:20
How? That's what we'll talk about today with Dayan Medina Ilustre.
00:26
Let's talk about business.
00:31
It really started with Sir Albert and the family business.
00:35
They had this footwear material business and he was still a student back then
00:40
and he was already helping in the operations of the business.
00:44
And then as time went by, he got really curious about how things are done
00:48
so he started to talk to shoppers and marikinas and then learned a lot from there.
00:53
And then so he built also a lot of relationships.
00:56
And then when he graduated, he and his wife actually came upon a small retail shop.
01:02
During the pandemic, the business industry really hit.
01:06
So how did you stay afloat? Are there any struggles and challenges?
01:10
Being a brand or a business of 35 years, of course, it had its own challenges, ups and downs,
01:17
not only during the pandemic.
01:19
So there's stiff competition both within the local scene
01:24
and also like international brands.
01:26
And of course, because the business was growing, it also meant bigger operations
01:31
and there were challenges also.
01:33
But at the end of the day, like what Sir Albert said,
01:37
it's really all about learning that there are customers who are happy about the products
01:42
and then learning a lot from there and just building this empire as it is right now.
01:49
There are so many bags and shoe businesses out there in the market.
01:53
So what sets you apart from the other shoe and bag business?
01:57
We always make sure that as a brand, flexible enough to adapt to the ever-changing consumer preferences.
02:04
But at the same time, staying true to its core values, to what the brand stands for,
02:10
what the brand is all about.
02:12
And by doing so, being able to really create quality products that our consumers would love and enjoy
02:18
and then the same products that we will be proud of even in the next 35 years from now.
02:24
One of our bestsellers and also one of our timeless pieces would be the Ruth bag.
02:29
So the Ruth bag, as you see, it's very elegant and it can actually also fit like any occasion.
02:35
You can bring it anywhere.
02:37
So one of our latest collections is the Rivets collection.
02:40
So this actually encapsulates our theme for the year, which are timeless pieces.
02:45
For those people who would also like to enter the shoe and bag industry,
02:48
so in those 35 years, what are the lessons that you have learned that you would like to impart?
02:56
I'm going to share the lessons that I personally learned and we are learning from Mr. Albert himself.
03:03
Now, Sir Albert used to say that, you know, every day is a learning process.
03:07
So I think it's really about loving what you do, being passionate about it and continuously learning.
03:16
Success lies behind fear.
03:18
Don't let fear hold you back.
03:20
And you need to conquer it for you to succeed.
03:22
That's what Ms. Claire Valia showed us and shared with us.
03:26
We will continue to share with you business tips and business stories, businessmen.
03:32
So let's go, let's do business!
03:37
Let's do business!
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