Taiwan’s Eslite to make Southeast Asian debut in Malaysia
Taiwanese bookstore chain Eslite is preparing to launch in Kuala Lumpur.
Although final details have yet to be released, the new 3300–6600sqm store will likely trade in downtown Kuala Lumpur. The opening, scheduled for next year and potentially delayed due to Covid-19 concerns, will see Taiwan’s largest bookseller opening its first store in Malaysia. Earlier reports have suggested the firm has been seeking a partner in the territory for some time.
The 30-year-old chain is well known for its unique fusion retail business model as a bookstore, mall and cultural creative platform. It operates 48 stores in Taiwan as well as overseas outlets in Hong Kong, Mainland China and Japan. The Malaysian store will be the first Eslite outlet in Southeast Asia.
Despite the expansion, Eslite’s business has struggled in its home territory, prompting a series of high-profile store closures, including its flagship location in Dunnan where it famously traded 24 hours.