The airport operator Fraport posted a sharp drop in revenue during the first half of 2020, with a clearly negative group result.…
Dashang Co applies for a duty free licence
Dalian-based retail company Dashang Co has become the latest local market player to apply for a duty free licence as interest in China’s burgeoning duty free channel surges.…
Luxottica Group partners with China Duty Free Group
Italian eyewear company Luxottica Group has partnered with China Duty Free Group (CDFG) to reveal an exclusive eyewear range from Prada.…
Wangfujing to create duty free company
Wangfujing Group, which last month was granted a licence to sell duty free goods by the Ministry of Finance, announced the creation of a wholly owned subsidiary duty free company.…
Shilla Duty Free becomes the first travel retailer to offer Huda Beauty
From 26th June, Shilla will stock the brand at its Seoul downtown store and online as the exclusive Korean duty free distributor.…
Yoshino Spirits and Lotte Duty Free partner at Changi Airport
Yoshino Spirits is collaborating with Lotte Duty Free to feature Kamiki and Umiki Japanese whiskies at Singapore Changi Airport.…
Auckland Airport joins the Asia Pacific Travel Retail Association board
Asia Pacific Travel Retail Association welcomed Auckland Airport as a new board member, representing the airport voice for Oceania, with personal representation from Lucy Thomas, its Head of Retail.…
Wangfujing acquires duty free license
The parent company of one of China’s largest department store chains Wangfujing said that it has been granted a government licence for duty-free retail.…
China Duty Free Group to accelerate construction of duty free store in Hainan
China Duty Free Group is accelerating its role in leading the travel retail industry into post-COVID-19 recovery with a series of major developments on Hainan island.…
Korean duty free stores struggle to sell leftover stocks
Duty-free stores are faced with a tangle of unresolved issues before the government and their suppliers decide on what to do with the backlog of wares caused by the coronavirus pandemic.…