The number of Japanese visitors to South Korea may decrease in the wake of North Korea’s latest nuclear test, industry sources said.…
The number of Japanese visitors to South Korea may decrease in the wake of North Korea’s latest nuclear test, industry sources said.…
South Korean duty-free shop operators have pleaded with the Incheon International Airport Corp. to grant them temporary rent relief as they cannot afford the expensive space charges due to poor revenu…
Lotte Duty Free posted an operating loss of KW29.7 billion (US$26.1 million) in the second quarter ended 30 June – its first quarterly loss since the SARS crisis of 2003.…
Hanwha Galleria Duty Free Shop opened German luxury watch Nomos store on Aug 17.…
French leathergoods brand Longchamp has opened a 298sq ft (26.8sq m) boutique with Lotte Duty Free at A.B. Won Pat International Airport.…
Lotte Duty Free has won a Red Dot ‘Best of the best’ award for its visual design. The Red Dot awards recognize leaders in the design field and this year attracted over 8,000 entries from 50 countries.…
Korea’s retail industry rivals Lotte and Shinsegae are again competing hard in the health and beauty market. The number of health & beauty stores selling cosmetic items, drugs, and foods is…
Lacoste has bolstered its Asia Pacific presence with the opening of a 38 square meters store at Lotte Duty Free World Tower in Seoul.…
HDC Shilla Duty Free has unveiled a number of luxury fashion and cosmetics promotions at Shilla IPark duty free in light of analysis of sales data by nationality.…
More than 40 senior Lotte Duty Free executives have volunteered to return 10% of their salaries this year to help ‘revitalize’ the company, boost cost-reduction and fight ‘excessive competition’ in th…