A travel retail veteran assesses the Korean duty-free industry’s state of health.…
A travel retail veteran assesses the Korean duty-free industry’s state of health.…
Duty-free retail sales reached USD1.2 billion in January, up +21.7 percent month-on-month.…
As Chinese luxury consumption continues to evolve, two significant factors will shape its trajectory: overseas shopping and the ‘daigou’ phenomenon.…
Hotel Shilla’s fourth-quarter travel retail revenues decreased by 38 percent year-on-year to KRW608.5 billion (USD454 million). However, operating profits surged 98 percent to KRW25.2 billion (USD18.8…
Duty-free sales set a record in February, in part due to holidays that fell during the month, according to data provided by the Korea Duty Free Shops Association.…
The travel retail sector got off to a strong start in January as Chinese and Japanese visitor numbers surged.…
Local duty-free sales are likely to set a new annual record this year despite Chinese group tour traffic not having fully recovered.…
As aftershocks of the clampdown on Daigous continue to reverberate through the luxury shopping community in China, e-commerce platforms are rising to fill the gap.…
The French luxury conglomerate plans to buy back up to 1 percent of its share capital over a 12-month period.…
South Korean duty free sales in the first nine months of 2018 have reache an all times high as they exceeded total sales for 2017.…