Thomas Fung

Vancouver Magazine - - Cover Story -


Dol­lar Ty­coon One of the hottest cat­e­gories in re­tail right now is the “value-priced” model— the dol­lar-store—with a —urry of com­peti­tors en­ter­ing the Cana­dian mar­ket in re­cent years. Thomas Fung houses one of them, Daiso, at his Aberdeen Centre mall and holds North Amer­i­can fran­chise rights for the Ja­panese chain. Daiso is just one piece in a di­verse—and in­creas­ingly re­ces­sion­proof—port­fo­lio for Fung’s Fairchild Group, which in­cludes ev­ery­thing from Chi­nese-lan­guage TV and ra­dio sta­tions to real es­tate hold­ings to an im­port/dis­tri­bu­tion arm.

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