Jalux opens duty-free outlets in Hanoi
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Japanese travel retailer Jalux has launched its first airport outlets outside Japan, with three stores at Hanoi Noi Bai International Airport in Vietnam.
Located in Terminal 2, the stores are trading as Jalux Duty Free Vietnam, with two in the Departures area and one in Arrivals. The stores focus on introducing Japanese brands to travellers, picking up on growing demand across Asia for genuine Japanese goods.
Jalux Duty Free is a joint venture between Jalux (51 per cent) and Vietnamese company Thang Long Air Services (Taseco).
Jalux has airport stores across Japan, including JAL Duty Free and Blue Sky stores.
Taseco is engaged in retailing both on and off airport, as well as having interests in wholesale, beverages, hotels and restaurants.
Questions & Answers
Q.What is the ownership structure of Jalux Duty Free Vietnam?
What is the ownership structure of Jalux Duty Free Vietnam?
Jalux holds a 51 per cent stake in the joint venture. The remaining share is owned by Thang Long Air Services (Taseco), a Vietnamese company. This structure reflects a majority ownership by the Japanese travel retailer.
Q.Where are the new Jalux Duty Free stores located within Hanoi Noi Bai International Airport?
Where are the new Jalux Duty Free stores located within Hanoi Noi Bai International Airport?
All three new outlets are situated in Terminal 2 of the airport. Two of the stores serve the Departures area, while the third is located in Arrivals, catering to different passenger flows.
Q.What is the primary retail focus of these new stores?
What is the primary retail focus of these new stores?
The stores aim to introduce Japanese brands to international travellers. This strategy taps into the increasing demand for authentic Japanese products throughout the Asian region, aligning with current market trends.
Q.What other business activities is Jalux's joint venture partner involved in?
What other business activities is Jalux's joint venture partner involved in?
Taseco has a diverse portfolio, including retailing both within and outside airports. The company also holds interests in wholesale operations, beverage distribution, hotels, and restaurant management, indicating broad commercial engagement.
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