As more and more Taiwanese shift to online shopping, traditional merchants are losing business. Not long ago, I visited Taipei’s camera district in search of a Fuji X100T, a compact digital camera capable of producing professional-quality images. The X100T is one of only a few cameras Fuji still manufactures in Japan, and is considered superior…
A beverage industry executive shares insights based on long experience in the Taiwan market. Doug Klein has lived in Taiwan for 17 of the past 28 years, on three different tours of duty separated by stints in Hong Kong. In 1987, Klein was working for McCann Erickson Advertising in his native Perth, Australia, assigned to…
Food companies find it hard to comply with a rule on the listing of ingredients. In the food industry lexicon, a “carry-over” is a substance – either a food ingredient or a food additive – that is present in a food product only because it is a subcomponent of another ingredient. The carry-over performs no…
AmCham’s Retail Committee offers suggestions on making proposed regulatory changes more practical. Whenever member economies of the World Trade Organization propose to alter existing regulations in ways that would potentially impact foreign products or services, a comment period of up to 90 days is available for other governments or concerned parties to raise objections or…
Taiwan needs to reinvent itself, and one potential solution is to develop a luxury goods market that is the envy of the region. This is part of a 6-part feature story on luxury goods in Taiwan: Aiming to be Asia’s Luxury Shopping Destination From Bags to Riches The Jewelry in Taiwan’s Crown Luxury Watches: More…
Liuligongfang is one of the very few Taiwan companies with the necessary cultural heft to become a luxury brand. It is little wonder that Taiwan, as a relatively recent arrival to the international high-end consumption market, does not really have a major luxury brand to call its own. Few countries do, in fact. According to…
Why settle for less when you can have more, appears to be the Gloria Hotel Group’s business model as it expands its footprint. One of the reasons why Taiwan is more a business-class rather than first-class destination for luxury goods is that apart from buying things, there is little else for international men or women…
If you thought luxury timepieces have had their day, think again. The watch you wear says a lot about you. There was a time when Taiwan was famed for producing fake Rolex watches. They were so good it was hard to tell them apart from the real thing – though being sold in a night…
Precious metals and gems are even more valuable if presented in an elegant design that has artistic and emotional appeal. A surefire hedge against low interest rates, inflation, or economic meltdowns, precious metals and stones have never gone out of fashion as a form of investment. While the customer may pay a premium for a…
The story of Ever Rich Duty Free Shop Corp. Chairman Simon Chiang neatly encapsulates the changing fortunes of Taiwan’s luxury goods market, particularly when it comes to bags and leather goods. Born to a poor, farming family in the South, the young Chiang was sent off to Taipei by his mother to learn a craft,…
