Lotte has opened a 6612 sqm Jeju obligation free retailer.
The brand new retailer, constructed at a price of US$72 million, spans three flooring of the Lotte Metropolis Lodge in Jeju metropolis’s Doryeong-ro district, within the island’s CBD.
Lotte Obligation Free says it’s almost 3 times the dimensions of the older retailer it replaces.
Lee Hong Kyun, Lotte Obligation Free’s president, says the corporate plans to develop different leisure and cultural points of interest close by to attract much more vacationer clients to the location “Lotte Obligation Free Jeju retailer, standing on the bottom of its native company, Lotte Obligation Free Jeju Co Ltd, will make a purchasing cluster in Jeju and appeal to overseas vacationers in accordance with the tourism improvement coverage of Jeju,” he stated on the retailer’s opening ceremony.
The brand new retailer is predominantly concentrating on Mainland Chinese language vacationers and features a cosmetics zone boasting 70 worldwide fragrance and cosmetics manufacturers.
“Lotte Obligation Free has analysed the preferences of Chinese language vacationers and launched 270 manufacturers, together with international luxurious manufacturers, jewelry, equipment, cosmetics, watches, liquor and tobacco.” the corporate stated in a press assertion.
“The worldwide luxurious jewelry manufacturers Bvlgari and Tiffany & Co are solely situated in Lotte Obligation Free Jeju retailer.”