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Tag: taiwan

Retail Asia01/06/2020
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Living

Taiwan’s Eslite to make Southeast Asian debut in Malaysia

1min0
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 […]
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Retail Asia05/05/2020
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Fashion

Taiwanese fashion platform Pinkoi lands in Hong Kong

1min0
The firm predominantly represents indie brands and independent designers, taking orders on its platform and passing on notifications to sellers who then ship their products to consumers directly. Pinkoi is expanding into Hong Kong against the backdrop of the coronavirus pandemic, which has seen the firm reduce its transaction fees for orders worth less than […]
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Retail Asia28/04/2020
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Food

Record numbers show Taiwan food-service sales decline

2min0
Taiwan foodservice sales have slumped by 21 percent year on year due to the coronavirus pandemic. Ministry of Economic Affairs data revealed total F&B sales of NT$51.9 billion (US$1.73 billion) this year across the territory, the steepest decline since reporting on sales figures began in January 2000. A parallel survey of Taiwanese restaurant sales saw […]
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Retail Asia27/04/2020
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Logistics

Kerry Logistics expands its coffee business into Taiwan

3min0
Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) announced the expansion of its coffee trading business into Taiwan, as the sole distributor of Italian coffee group illycaffè’s complete product range in Taiwan. The move marks Kerry Logistics’ extension of its footprint into a society with a rich coffee culture. Kerry Logistics, through its sub-brand […]
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Retail Asia08/04/2020
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General

FamilyMart Taiwan plans rolling out 200 new stores

1min0
Familymart Taiwan is aiming to open 220–230 new stores in the territory this year, as the Japanese convenience-store chain franchise, emerges unaffected by the coronavirus turmoil. The firm’s takings in this year’s first financial quarter are anticipated to rise 8.4 percent year -on year to NT$19.71 billion (US$652.3 million). FamilyMart Taiwan reported net earnings of […]
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Retail Asia04/03/2020
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Food

Taiwan’s Chun Fun How opens new outlet in Singapore

1min0
Taiwanese bubble-tea chain Chun Fun How is preparing to launch a flagship store at the Esplanade in Singapore this month. The floral-themed store will offer takeaway drinks only in its new outlet – mostly premium fruit tea blends in attractively designed “Instagrammable” cups – with a heavy emphasis on sanitization as the coronavirus outbreak continues. […]
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Retail Asia03/01/2020
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Food

Taiwan’s Mr Brown coffee shutters stores

1min0
Taiwanese cafe chain Mr Brown coffee has shuttered eight outlets in Taipei due to falling customer demand, among other factors. The closures include a sizeable store in central Tamsui that will cease trading later this month. Employees at the affected outlets have been reassigned, with others leaving the firm.There have been no reported mass layoffs […]
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Retail Asia17/12/2019
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Finance

Line Pay Taiwan Forms Cross-Border Payments Alliance

1min0
The digital wallet and fintech service for messaging app Line will allow people from Japan, Korea and Thailand to use their local mobile payment services when in Taiwan. Line Pay has announced a cross-border mobile payment alliance to connect the ecosystems of payment operators Line Pay Japan, Rabbit Line Pay (Thailand), Naver Financial (Korea), and […]
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Retail Asia04/12/2019
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General

Taiwan retail sales hit new high in October

1min0
Taiwan retail sales set a record in October, according to data from the Ministry of Economic Affairs (MOEA). Retail sales rose 4.2 percent year on year to NT$340.7 billion (US$11.16 billion), the highest ever recorded for October and following year-on-year sales increases for every month of this year to date. The figures indicate that global […]
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Retail Asia18/10/2019
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Telecom

Taiwan overtakes Singapore in broadband speed

3min0
The global average in terms of broadband speed is 11.03Mbps since May 2019, compared to it being 9.14 at the same time last year. The data from this new research was gathered by a US-based open-source project called Measurement Lab (M-Lab). “With average broadband speeds rising by 20.65% in the last year the global picture […]
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Retail Asia10/09/2019
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Living

Ethan Allen opens in Taiwan, Cambodia

2min0
US interior-design house Ethan Allen has opened new outlets in Taipei and Cambodia as it seeks to expand its international footprint as well as its domestic network. Ethan Allen Interiors is an interior-design company which manufactures and retails quality home furnishings through a network of 300 stores worldwide and online. Besides the Taiwan and Cambodian […]
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Retail Asia16/08/2019
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General

FamilyMart Taiwan rolls out small railway-station stores

1min0
Convenience-store operator FamilyMart Taiwan plans nearly 40 new stores in railway stations this year. The Japanese-headquartered company has just opened three new outlets in Taiwanese stations at Badu, Wanhua, and Luodong. Two more are about to open at the main Taipei station, with another 32 planned for 23 stations within two months. Once complete, the […]
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Retail Asia25/07/2019
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Food

Taiwan’s 85C Bakery Cafe expands in USA

1min0
Taiwanese franchise 85C Bakery Cafe is undergoing rapid expansion in the US. The firm has branched out from its flagship venue to open more than 60 locations in California, Washington and Texas, with more states expected to follow. The self-service bakery concept has around 400 locations in Taiwan and more than 500 in Mainland China. […]
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Retail Asia25/07/2019
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Logistics

Honestbee Taiwan Stops Delivery Services

2min0
Ailing Singaporean grocery-delivery service Honestbee is “temporarily closing” its Taiwan operations as it continues to focus on its core Southeast Asian markets to ensure survival. “Thank you for your support and affirmation for Honestbee during these days,” the company’s Taiwanese team posted on Facebook at the weekend. “Unfortunately, the Taiwan operations team received instructions from […]
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