Working up from apprentice
The key mover and shaker has been Simon Chiang, its 62-year-old chairman.
Chiang, born the eldest of numerous siblings in a poor farming family in Chiayi County, discontinued his studies after elementary school graduation to help with the family finances. He made his way north to Taipei to take up an apprenticeship in a leather goods workshop.
Intelligent and nimble-fingered, Chiang soon mastered the skills for making leather bags, and after four years was a full-fledged craftsman, earning a master craftsman’s wage.
At age 18 he decided to start his own company with NT$30,000 scraped together through loans from banks and informal credit groups.
At a time when most consumers couldn’t afford upmarket items, well-made and inexpensive genuine leather bags from Taiwan were huge favorites among Japanese tourists in the 1970s. Chiang managed to make his first pot of gold—NT$300,000—before starting his mandatory stint in the military.
But Chiang had his sights set on bigger things. After finishing his military service, he discovered that the spending habits of high-end consumers in Taiwan and Japan were changing as Taiwan’s economy began to grow by leaps and bounds. Whereas before they’d gone in big for simple yet sturdy genuine leather bags, now they were showing a preference for international brand name bags that made a statement about the user’s social status. Chiang wangled his way into contact with chic Western brands and worked out distributorship arrangements with them. His days as proprietor of a leather bag workshop gradually slipped into the past as he transformed into a distributor of the top names in luxury goods.
There was a time in his heyday when Chiang was distributing an extraordinary collection of leading brand names, including GUCCI, Celine, COACH, a.testoni, and Shu Uemura. Armed with nothing more than his elementary-school education, he methodically picked up English by listening to tapes, and used it to hammer out one business deal after another. Thanks to his experience as a luxury goods distributor, Chiang had an excellent set of contacts and logistics expertise that stood him in good stead when it came time to embark upon the retailing of duty-free goods.
The large, ornate Ever Rich flagship store in Neihu has just about every sort of international luxury good that a shopper could be looking for, plus distinctive local products that make for gifts with an unmistakably Taiwanese character. For many visitors from overseas, this store is a must stop on the itinerary.