What: Far Eastern Department Stores and its leader Nancy Hsu receive triple recognition at the Asia Pacific Enterprise Awards 2025 for visionary leadership, brand inspiration, and corporate excellence.

Why it is important: FEDS’s achievements demonstrate how diversified retail ecosystems and social responsibility are setting new benchmarks for industry excellence.

Far Eastern Department Stores (FEDS), under the leadership of Managing Director Nancy Hsu, has achieved a landmark triple recognition at the Asia Pacific Enterprise Awards 2025, winning accolades for Inspirational Brand, Corporate Excellence, and Hsu’s own Master Entrepreneur award. With over four decades of experience, Hsu has guided FEDS through five generations of transformation, turning crises into opportunities and championing the philosophy that “retail is detail.” Her leadership during the COVID-19 pandemic enabled FEDS to grow while many competitors struggled, and her advocacy as Chairperson of the Retailers Association of Chinese Taipei has secured vital resources for the sector. FEDS’s evolution into a multi-format retail ecosystem—spanning department stores, malls, hypermarkets, and premium supermarkets—has been matched by a strong commitment to sustainability, digital transformation, and community engagement. The company’s eco-friendly building initiatives, energy-saving programs, and social welfare projects reflect a holistic approach to corporate responsibility, positioning FEDS as a benchmark for innovation and excellence in Asian retail.

IADS Notes: Nancy Hsu’s recognition at the Asia Pacific Enterprise Awards 2025 and FEDS’s triple win reflect a broader narrative of resilience, innovation, and sustainability in Asian retail. Inside Retail in May 2025 details how Hsu’s leadership has guided Far Eastern Department Stores through five generations of transformation, making it Taiwan’s longest-operating department store chain. Her crisis management and advocacy for the sector are further highlighted in Retail Asia, March 2025, where her influence extends beyond FEDS to the entire Taiwanese retail industry. FEDS’s commitment to digital transformation and omnichannel integration, as explored in WWD, April 2025, and Retail Week, January 2025, has enabled the company to thrive amid disruption, while its pioneering sustainability initiatives—such as eco-friendly buildings and community engagement—are documented by Inside Retail in June 2025 and Retail Asia in February 2025. The company’s diversification into malls, hypermarkets, and premium supermarkets is discussed in Vogue Business, March 2025, and Inside Retail, February 2025, illustrating a robust ecosystem approach. Finally, WWD, November 2024, notes Hsu’s role in fostering cross-border collaboration, setting a benchmark for industry advocacy and regional partnership.

Far Eastern Department Stores Ltd. Earn Triple Recognition at the Asia Pacific Enterprise Awards