Tai Pan Bread & Cakes closes down after 41 years of operations
發佈日期: 2025-06-24 22:25
TVB News



Bakery chain Taipan Bread and Cakes, which created its famous "snowy mooncakes," today closed down all its stores after 41 years of operations.
Some in the industry said those still in the field can only survive if they adapt to the city's ongoing economic transformation.
Taipan branches all across Hong Kong were shut down today.
A notice posted on the gate of its North Point branch says the company was forced to announce an immediate suspension of its business today because of many unpredictable and irresistable shocks in recent days.
The bakery chain also apologised for the inconvenience caused to the public.
This man said he would buy Taipan's iconic "snow skin" mooncakes every year, and felt sorry for the chain being unable to sustain operations until the Mid-Autumn Festival this year.
And this man lamented Taipan's closure, saying that the chain has been in business for decades and was responsible for the creation of its popular "snowy mooncakes."
Some customers who arrived at the bakery chain this morning to redeem their coupons were surprised by the sudden closure.
This woman brought along with her coupons that offered discounts of up to several hundred dollars.
She briefly thought that the bakery might have moved to another location.
Taipan's office and factory in San Po Kong were also closed and displayed the same notice of closure.
Taipan set up its first shop in 1984 and launched the first "snowy mooncakes" in 1989.
It later developed into a chain enterprise of more than 20 branches before dropping to 12.
Last Sunday, three Taipan branches located in MTR stations ceased operations owing to suspected rent arrears.
Recently, it was reported that there were delays in wage payments.
Meanwhile, an expert in the catering business stressed those who fail to adapt to changing market demands will be eliminated.
Many believe that more chain stores will close down in the near future as the city is set to compete with the local, mainland and Greater Bay Area markets combined.

