From what I was told, yes there is. 

 

This is inside the SOGO department store in Taipei.

 

So who is buying the Hermès, the Louie Vuittons, the Tods, and the Cartiers? I guess it is the same everywhere you go. The top of the pyramid is not really affected despite the global economic downturn. So they have to downsize from Mercedes Benz to Lexus. No tears from me for them…