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 Associations
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.
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”.
