Lotte Duty Free has opened its much-anticipated downtown duty-free store in Da Nang, the Korean travel retailer’s fourth business in Vietnam. It ranks as the country’s largest duty-free store to-date.…
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IWC Schaffhausen opens new boutique concept store in Hainan
IWC Schaffhausen has arrived at the Haikou International Duty Free Shopping Complex on Hainan Island. For the first time in China, the Swiss luxury watch manufacturer presents its brand-new boutique c…
World’s largest duty-free shop set to open in Haikou
The world’s largest duty-free store located in Hainan’s capital city, Haikou International Duty Free City, is ready for its grand opening on October 28. About 280,000 square metres will be devoted to …
Korean e-wallets partner with Alipay+ to promote cashless travel
Leading mobile payment providers across Asia announced today an integration of Alipay+ cross-border digital payment solutions in South Korea in an effort to jointly promote cashless travel in the coun…
Reopening of Sanya International Duty Free Shopping Complex
In news that China Duty Free Group and its brand partners had been desperately hoping for, the retailer reopened the Sanya International Duty Free Shopping Complex and CDF Mall in Haitang Bay.…
Fly High: What travel (and retail) looks like in APAC in 2022
According to a new report released by the Mastercard Economics Institute, global flight bookings show that the demand for leisure travel across domestic, short-haul and medium-haul trips was higher in…
Dubai Duty Free’s eight-month sales surge past USD 1 billion
Dubai Duty Free has reported a 104 percent year-on-year increase in sales for the first eight months of 2022. Turnover reached USD 1.06 billion, placing the travel retailer well on track to reach its …
Blancpain takes first Hainan steps with new boutique at CDF Mall
Swatch Group-owned luxury watch house Blancpain has partnered with China Duty Free Group (CDFG) to open a standalone boutique at the Sanya International Duty Free Shopping Complex in Haitang Bay. The …
Singapore retail sales gains 13 percent in July
Singapore retail sales surged by over 13 percent in July, growing at a slower pace than June, as inflation hit new highs during the month. According to figures released by the Department of Statistics…
Last Lotte Shopping store to close in China
Having failed to recover from the Terminal High Altitude Area Defense (Thaad) row, Lotte Shopping is withdrawing its department store business from China. Chengdu is Lotte’s only remaining branch in […