The century-old French bakery chain Paul opened its Taiwan flagship store at a spot on Renai Circle in Taipei on Saturday, despite the bad weather brought by Typhoon Sinlaku.
“Despite the typhoon last weekend, our flamand were completely sold out before 10am,” Daphne Lai (賴郁芬), chairperson of Bon Paul Co (邦保羅), who is in charge of the store’s operations, said by telephone yesterday.
SPECIAL EDITIONS
One of the bakery’s exclusive items — and its most expensive at NT$600 each — are the double cheese flamand, which weigh 400g and are only made on Saturday and Sunday, six per day.
Company officials say 95 percent of their ingredients are imported directly from France.
Only fresh vegetables are provided by Taiwanese suppliers, they said.
Paul will offer up to 104 types of bread, with prices ranging between NT$48 and NT$600. The breads are pre-baked in France and frozen immediately for shipment to Taiwan, where they are defrosted and baked at the store.
The Renai store combines a restaurant, bakery and tea room, and nearly NT$30 million (US$939,000) was spent on the decor.
EXPANSION PLANS
The company expects the store’s annual sales to reach NT$100 million, as it is rather upbeat about the strong spending power in the area.
In the next five years, the company plans to open up to 20 outlets at department stores and shopping malls.
Founded in 1889, Paul now owns 350 stores in France, with a total of 500 stores in 25 countries.
Taiwan’s rapidly aging population is fueling a sharp increase in homes occupied solely by elderly people, a trend that is reshaping the nation’s housing market and social fabric, real-estate brokers said yesterday. About 850,000 residences were occupied by elderly people in the first quarter, including 655,000 that housed only one resident, the Ministry of the Interior said. The figures have nearly doubled from a decade earlier, Great Home Realty Co (大家房屋) said, as people aged 65 and older now make up 20.8 percent of the population. “The so-called silver tsunami represents more than just a demographic shift — it could fundamentally redefine the
The US government on Wednesday sanctioned more than two dozen companies in China, Turkey and the United Arab Emirates, including offshoots of a US chip firm, accusing the businesses of providing illicit support to Iran’s military or proxies. The US Department of Commerce included two subsidiaries of US-based chip distributor Arrow Electronics Inc (艾睿電子) on its so-called entity list published on the federal register for facilitating purchases by Iran’s proxies of US tech. Arrow spokesman John Hourigan said that the subsidiaries have been operating in full compliance with US export control regulations and his company is discussing with the US Bureau of
Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation. China’s restrictions, the most targeted move yet to limit supplies of rare earth materials, represent the first major attempt by Beijing to exercise long-arm jurisdiction over foreign companies to target the semiconductor industry, threatening to stall the chips powering the artificial intelligence (AI) boom. They prompted US President Donald Trump on Friday to announce that he would impose an additional
China Airlines Ltd (CAL, 中華航空) said it expects peak season effects in the fourth quarter to continue to boost demand for passenger flights and cargo services, after reporting its second-highest-ever September sales on Monday. The carrier said it posted NT$15.88 billion (US$517 million) in consolidated sales last month, trailing only September last year’s NT$16.01 billion. Last month, CAL generated NT$8.77 billion from its passenger flights and NT$5.37 billion from cargo services, it said. In the first nine months of this year, the carrier posted NT$154.93 billion in cumulative sales, up 2.62 percent from a year earlier, marking the second-highest level for the January-September