Taiwan Latest News - Inside Retail Asia

Prada opens Taiwan store

Italian luxury brand Prada has opened its first store inside Tainan City’s prestigious SKM mall, in Taiwan. Designed by Italian architect Roberto Baciocchi, the 150 sqm space presents the women’s and men’s bags, accessories and luggage collections. The shop front inside the mall is a white curtain wall, wrapped in crystal and featuring three light boxes, a window display and a sweeping entrance. The tone is set inside by Prada’s iconic black and white-chequered marble floor, the brand’s…

7-Eleven Taiwan expands

Taiwan company President Chain Store Corporation (PCSC) plans to expand rapidly its brands both in local and overseas markets. The company, which operates convenience chain 7-Eleven and coffee brand Starbucks, among others, plans to take its local and overseas store count to 8300 by the end of the year from 7714 as of December. PCSC plans to roll out more 7-Eleven stores in Taiwan to expand it to 5000 this year. Starbucks and drugstore COSMED are also set for expansion. And notwithstand…

Taiwanese PC maker to sell online

Taiwanese PC maker Asustek has partnered with e-commerce company Uitox to make an online foray by April. The two companies have set up a joint venture called Asus Digital International (ADI) to manage the online store, to be headed by Vincent Hsieh, who founded Uitox in 2013. Asustek will hold 80 per cent interest in ADI and Uitox 20 per cent. The Asus e-store will initially offer ZenFone series of mobile phones but promises to expand product range. The online venture is inspired by Chi…

Gap sets Taiwan opening date

US retailer Gap is to open its first store in Taiwan on March 8. The three-level store will be located in Taipei’s Xinyi District and offer men’s, women’s, children’s and infants’ clothing. A second store is slated to open by the end this month. Gap is the latest foreign retailer to open in Taiwan, following its rivals Uniqlo of Japan and Zara of Spain. The Taiwan expansion is part of its strategy to grow its overseas business to offset the slowing growth at home. In China, where …

Benoy designs Taiwan “green mall”

Architectural company Benoy is set to make Hsin Chu Station Mall a “green icon” in Taiwan. Taiwan High Speed Rail has appointed Benoy to conceive a low density retail project which would also deliver a green environment to benefit the community of Hsin Chu and surrounding residential developments. Following the current trend to create more diverse and vibrant transportation hubs, the development will be built on a 30,000sqm site directly connected to the Hsin Chu High Speed Rail Station. …

Taiwanese food chain expands in Australia

Taiwanese chicken restaurant chain Hot Star is expanding in Australia. Having gained strong market acceptance in Melbourne where it has two outlets, Hot Star will open in Sydney at 96 Liverpool St in CBD on March 2. “We’re thrilled with how Hot Star has been received in the Melbourne market,” said Kyle Lam, one of the heads of the brand in Australia. “Our existing stores at 233 Swanston St and 429 Elizabeth St have been extremely successful and we are confident Sydneysiders will…

Taiwanese restaurant hits Philippines

Taiwanese restaurant chain Hot Star has expanded into the Philippines, opening its first outlet in Manila. The chain, known for its huge deep-fried chicken breast fillets, is opening at the new Blue Bay Walk along Macapagal Avenue, just a few minutes away from SM Mall of Asia. In addition, dishes including rice meals, pasta, sandwiches, fish fillets and more, will be introduced to suit local palate. Businessman Richard Chua, owner of home grown Peanut Butter Company, will operate the Ta…

Taiwanese Haoshi expands to India

Taiwan’s home decor brand Haoshi is entering India through an association with ST Unicom. The tie up allows ST Unicom, an established player in the furniture and home fashion market, to retail Haoshi’s entire product portfolio through its exclusive brand stores as well as online. “The home fashion market in India is ready for its big leap and the consumer is ready to go an extra mile for good living. Therefore, the organised home décor and accessories market has a huge opportunity her…

Taiwanese coffee chain plans more outlets

Taiwanese restaurant operator Wowprime is set to double the number of outlets of its cafe brand Famonn Coffee. Famonn will be expanded from 11 to 20 stores across Taiwan by the end of the year. “We hope these efforts will help the coffee brand break even this year,” said Wowprime vice chairman and president Endy Wang. The cafe brand plans collaborating with department stores such as Shin Kong Mitsukoshi, Pacific Sogo and Dream-Mall for further openings at its premises.

Dairy Queen in Taiwan, Vietnam roll-out

US-based fast food chain Dairy Queen has re-entered Taiwan and opened its first store in Vietnam. Its Taiwan partner, Jolly Brands, has opened a Dairy Queen location in the Tianmu neighbourhood of Taipei. The company plan to open 45 stores throughout the country within the next five years. In Vietnam, Dairy Queen has signed a multi-unit deal with QSR Vietnam Trading One Member Company to open its first store in Ho Chi Minh City. The store is located in Nguyen Thi Minh Khai in a part of the…

Taiwanese supermarket chain expands

Taiwanese supermarket chain Pxmart is to open 300 new stores over the next five years. The retailer has recruited the former manager of 7-Eleven, Xu Zhong-ren, as its new CEO to spearhead the expansion. Pxmart has expanded vigorously in previous years, increasing its store count to 700. It has out-performed local chains Wellcome and Matsusei and is putting pressure on other retailers like RT-Mart and Carrefour. RT-Mart said it is not bothered by Pxmart’s planned expansion and recent CEO…

Taiwan ranked sixth biggest overseas seller

E-commerce giant eBay has ranked Taiwan as Greater China’s sixth biggest seller of products to overseas shoppers. eBay’s VP and CEO of Greater China John Lin said Taiwan has a long history in conducting trade, mature system for sellers and sufficient supply of workers with a specialty in trade. “We believe that the retail export industry is entering a new market phase with more holistic growth and greater professionalism as local sellers are leveraging local resources and developing specia…

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