Pacific Sogo Department Store (
The Fuxing store which is connected to the Zhongxiao-Fuxing MRT Station, will have three entrances, to be opened by early February, with the mass transportation system.
The retailer is confident that the huge passenger flow will bring in crowds and spur consumption.
PHOTO: CNA
But just as shoppers were swarming in to check out the latest display, the new location unexpectedly experienced a 15-minute blackout at 4:30pm yesterday.
No one was hurt or trapped in the elevators, which are supported by uninterruptible power systems, the firm said.
During the ribbon-cutting ceremony held earlier yesterday, chairwoman Chung Chin (
"The Fuxing branch has 342 brands and stores, and has an 81 percent difference compared with the product mix in the Zhongxiao outlet," she said.
The 11-story branch occupies 8,700m2, including parking lots on three basement levels. Its business space of 4,400m2 is more than 140 percent larger than the Zhongxiao outlet, spokesman James Wang Kuo (
Aiming to create a high-end and fashion-oriented shopping environment, the retailer is including an array of prestigious boutiques at the new location, including Versace, Burberry, Hogan, Hermes, Dior and Chanel.
Singapore-based international bookstore Page One has also opened its second store here, in addition to its store in Taipei 101 Mall.
As part of the firm's plan to attract affluent customers, an exclusive VIP lounge has been set up on the 9th floor, only accessible to the company's 1,000 most loyal consumers.
The Fuxing branch is expected to bring in sales of NT$6 billion (US$184 million) per annum.
This would help Pacific Sogo's three locations in the Zhongxiao commercial area, including its super-premium Dunhua store, to achieve book sales of NT$22 billion next year.
That would mean outpacing the Xinyi District's retail total of around NT$20 billion, Wang Kuo said.
The bustling Xinyi District has a high concentration of department stores and shopping malls, including four Shin Kong Mitsukoshi Department Store (新光三越) outlets, the Taipei 101 Mall, the New York New York shopping mall and Eslite Corp's (誠品) flagship store.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS