In 2023, the annual growth rate of large-scale shopping complexes across Taiwan was 13.84%, indicating steady growth in the overall retail market.
However, Taipei 101 Mall's performance stood out with an impressive annual growth rate of 22.22%. This was mainly driven by the renovation and expansion of major luxury brands such as LV, Dior, GUCCI, and Panerai, which attracted more boutique consumers. Additionally, the pricing increases in luxury goods further contributed to revenue growth.
Compared to the nationwide growth rate, Taipei 101 Mall exceeded it by 8.38%, showcasing its competitive edge in the high-end market.
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