Incheon International Airport posted KRW2,300billion (US$2 billion) in duty free sales in 2016 representing a leap of +14.7% year-on-year.…
Incheon International Airport posted KRW2,300billion (US$2 billion) in duty free sales in 2016 representing a leap of +14.7% year-on-year.…
Michael O’Leary, the flamboyant CEO of Irish budget carrier Ryanair, is basing his claim on the idea of a sharing economy such as Uber and Airbnb.…
Shanghai Pudong Airport Authority is to substantially enlarge its duty free arrivals retail space by 500sq m in Terminal 1 and by 800sq m in T2, with a brand new 500sq m arrivals store in the middle …
Japanese department store and duty-free operator Isetan Mitsukoshi Holdings is set to launch its first online store with Tmall Global on Friday, 25 November, as it seeks to build on its Chinese custom…
China’s Ministry of Finance has approved applications to open 16 duty free arrival shops in 10 international airports and at six land border crossing points, introducing limited competition to…
The Shilla Duty Free Phuket comprises a 25,000 square metre, two-storey building in the island’s Kathu district, 15 minutes by car from the key tourist locations of Patong beach and Phuket town.…
The vast majority of Chinese customers at South Korean duty free stores are now in their 20s and 30s, according to retailers’ latest figures.…
GDFS, which describes itself as travel retail’s first membership-based global vertical e-commerce company, has outlined bold growth ambitions for the channel.…
The global duty free market is expected to expand to US$64 billion by 2020, according to research from Verdict Retail. The industry will also outpace historic levels to expand at an annual CAGR of 6.7…
According to the Korea Customs Service Wednesday, Lotte Duty Free, Shinsegae DF, HDC Shilla Duty Free, Hyundai Department Store and SK Networks applied for duty-free licenses open to big companies in …