Participation in Public Associations

FEDS actively participates in domestic and foreign industry associations and related activities to expand its business horizons and contribute to its influence. FEDS is one and only Taiwan representative of the Intercontinental Group of Department Stores (IGDS) and regularly communicates with the international department stores industry every year to promote the prosperous development of the industry and become a staunch force for internationalization and modernization of the department stores industry in Taiwan.

FEDS joined a total of 52 important domestic and foreign public associations in 2023, with a total expenditure of NT$2.11 million. FEDS serve as director and supervisor in 5 public associations, including Retailers Association of Chinese Taipei, Taiwan Council of Shopping Centers and Commercial Real Estate, Center for Corporate Sustainability, Chinese National Association of Industry and Commerce, and Taipei Department Store Merchant Association. FEDS hopes leveraging the power of the industrial associations to strengthen communication with peers, promote enterprise cooperation, prosper the development, and enhance the sustainable power together.

Number of public associations participated

Number of associations

2021

2022

2023

支出費用

0 萬

2020年度

0 萬

2021年度

0 萬

2022年度

Joining IGDS to enhance international vision

The Intercontinental Group of Department Stores (IGDS), the world’s largest department store association, serves 45 leading department stores from around the world, and provides members with exclusive support and keeping them informed of trend, development and innovation in the retail industry.

FEDS became the first Asian department store that joined IGDS in 1988. It is also the only department store in Taiwan to join IGDS for a long time. By participating in the IGDS events every year, FEDS obtains the latest global retail information and market information. Meanwhile, we promote the development and business model of of department store industry in Taiwan to the world to improve the internationalization and popularity of the department store industry in Taiwan.

Intercontinental Group of Department Stores (IGDS) held the 14th IGDS World Department Store Summit in Dubai on October 11-12, 2023. It announced the award of the Most Innovative Department Store in the World in 2023 to commend the most advanced and unique department store, and assess their impact on customers, employees as well as business digitization and innovation. FEDS emerged as the winner from a wide range of department stores. It ranked in the top three along with the KaDeWe Group (Germany) and Liverpool (Mexico). Its innovative spirit and achievements have won international recognition once again.

榮獲IGDS全球最創新百貨

Leverage influence and lead peer exchanges

Nancy Hsu, president of FEDS, held more than 145 events since she served as the chairman of the Retailer’s Association of Chinese Taipei (hereinafter referred to as the Retailer’s Association) in January 2016, leading the Retailer’s Association to become a platform for exchange of opinions among peers, and playing the role of an industry think tank to provide the government with proper advice on the department stores retail policy, with an aim to enhancing innovation and adding value to the department stores industry. In 2023, the Retailer’s Association had 7 group members, 31 group representatives and 64 individual members, and held 13 events under five categories: “exchanges with government departments, international retail conferences, overseas market visits, holding retail awards, and speeches by experts”.