Hainan, home to China’s offshore duty free shopping sector, has been hit by a serious COVID-19 outbreak. As of 6am on August 8, all downtown duty free stores in Haikou and Sanya are closed until furth…
.
Your one-stop source for retail intelligence in Asia
Mountain Glory: A new peak in Chinese travel retail?
There’s a new concept coming to China’s duty free sector and in keeping with its name, the team behind it believe that it will climb to new heights. Mountain Glory, a retail proposition that is target…
A hugely successful Hainan Expo comes to an end
The second China International Consumer Products Expo (Hainan Expo) was closed on 30 July, ranking as a hugely successful follow-up to the inaugural 2021 event.…
Landmark contract triumph for DFS in Chongqing
The fashion, watches and jewellery concession at Chongqing Jiangbei Airport’s domestic Terminal 3A was awarded to the DFS Group on 11th July by the airport authority.…
Haikou Global Premium Duty Free Plaza sales soar in second quarter
Hainan Development Holdings-owned Global Premium Duty Free (GDF) Plaza posted a +120 percent year-on-year rise in sales for the second quarter of 2022.…
COVID outbreak in Hainan prompts temporary closure of duty free stores
All three downtown offshore duty free stores in Sanya, have closed temporarily due to a small outbreak of COVID-19 in Hainan, China.…
Heinemann extends Duty Free concession at Gold Coast Airport
Heinemann Australia, a wholly owned subsidiary of Heinemann Asia Pacific, announced on 10th March that it has extended its Duty Free concession contract at Gold Coast Airport until 2029. As part of th…
JD partners with Lagardère to enter Duty-Free cooperation with CNSC
A joint venture between JD and its French partner Lagardère Travel Retail entered into cooperation with the China National Service Corporation (CNSC), a subsidiary of Sinopharm, on 28th February, aimi…
Hainan sets US$15.8 billion duty free goal for 2022
Hainan province has set an ambitious CNY100 billion (US$15.8 billion) sales target for its duty free stores in 2022, a 66.2 percent increase on 2021.…
APAC duty-free retail market to reach pre-pandemic levels in 2023
Asia-Pacific (APAC) remains the fastest growing and the largest market for duty-free retail products accounting for 60 percent of the global duty-free sales in 2020. It is expected to cross pre-COVID-…