Inside Retail Asia breaking news, supplier information, product launches and consumer campaigns within the Taiwan retail sector.

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Taiwan’s Wowprime tackles US

Taiwanese restaurant operator Wowprime is expanding into the US. Wowprime has established a joint venture with a US company Panda Restaurant Group to launch the barbecue restaurant brand Yakiyan next year. “In the beginning, the brand’s US expansion is set to focus on the west coast of the US, where there are a higher percentage of Chinese and Taiwanese immigrants,” said Yakiyan VP John Wu said. “However, in the long run, we hope Yakiyan can break into the mainstream market in t…

Hong Kong chain goes to Taiwan

Hong Kong-based dim sum restaurant chain Tim Ho Wan has expanded into Taiwan, its third overseas market. Having soft launched in Taipei, Tim Ho Wan plans to open nine more within five years in partnership with local Tai Ji. The second outlet will be at Shin Kong Mitsukoshi Department Store Co’s Xinyi Place. The Taipei outlet joins Tim Ho Wan’s five outlets in Hong Kong, four in Singapore and one in the Philippines.

7-Eleven reaches Taiwan milestone

7-Eleven has achieved a major milestone in Taiwan. Local owner President Chain Store Corp has opened the 5000th 7-Eleven store in Taiwan in Greater Kaohsiung. While there are more than 10,000 convenience stores in Taiwan, President Chain says the market is not yet saturated. “Lifestyles in Taiwan are in transition, and customer spending habits and preferences are changing, which means the retail sector is entering a new era of development,” said President Chain chairman Alex Lo. …

Iittala expands to Taiwan

Scandinavian lifestyle design brand Iittala has opened its first store in Taiwan. The shop is located in the Eslite Xinyi bookstore, which combines fashion, gourmet, lifestyle, design and culture and is located in the main business, financial and shopping district of Taipei, Taiwan. Iittala, owned by Fiskars Corporation, is a Finnish design brand specialising in design objects, tableware and cookware. Expanding the Iittala and Royal Copenhagen branded retail networks in key Asian market…

Uniqlo’s GU expands to Taiwan

Uniqlo sister brand GU is to expand into Taiwan, opening two stores in Taipei this fall. Taiwan will be GU’s second overseas market having opened in Shanghai, China, last year. GU CEO Osamu Yunoki says while the Japanese market remains “important”, the overseas market presents “great opportunities”. Yunoki says Taipei offers a strong potential market for GU due to its residents’ good fashion sense and generous spending. The brand’s Taiwan expansion is also part of Fast Retailing’s go…

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…