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Travel retailer The Shilla Duty-Free has launched a raft of new brands at its Changi Airport health-and-beauty concessions, marking its fifth anniversary in Singapore. The new brands are on display at a refreshed retail space at the Terminal 3 Departure…
International travel retailer The Shilla Duty-Free has partnered with men’s luxury accessories brand Montblanc to unveil a new standalone boutique concept at the Hong Kong International Airport (HKIA). The new boutique concept is The Shilla Duty-Free’s latest…
Duty Free Philippines Corporation has opened a new downtown duty-free store called Duty Free Luxe at the Mall of Asia in Pasay City. Duty-Free Luxe offers high-end brands across categories including fashion, cosmetics, fragrance, confectionery, wine and…
The Shilla has won the race to operate one of the two Macau duty-free concessions at the territory’s international airport. The five-year agreement allows the firm to operate half the airport’s duty-free space, a roughly 1122sqm area at the north departure…
Changi Airport Group has awarded its liquor & tobacco concession tender to Lotte Duty-Free. The company will succeed DFS Group when the concession contract expires next year. The awarding of the liquor & tobacco concession ends a fierce contest between some…
Pola will open its first airport duty-free store outside Japan at The Shilla Duty-Free Changi Airport Store in a move to strengthen its brand presence in the global market. Pola is accelerating efforts to open new stores, primarily in ASEAN countries, so as…
Online store sales at Lotte Duty Free (LDF) increased by 49 percent year on year to KRW1.4 trillion (US$1.85 billion) during the first half of this year. The firm is targeting total online sales of KRW2.9 trillion ($2.46 billion) by the end of the year,…
After years of struggle in the face of a decline in Chinese tourists and increased competition, South Korean duty-free operators are in search of a more stable and sustainable business portfolio — to reduce their reliance on Chinese visitors and generate…
King Power Thailand has won extended exclusive rights to operate at three additional Thai airports for a further 10 years. The firm won tenders for Phuket, Chiang Mai and Hat Yai airports, just a week following a win at the country’s main international…
Hopes of opening up the duty-free and retail monopoly at Bangkok Suvarnabhumi airport have been dashed after Airports of Thailand (AOT) announced the incumbent operator had lodged the highest bid to retain the business. While still subject to final…
Incheon Airport duty-free tenders will be released in the fourth quarter of this year. The airport, thought to be the world’s most lucrative for retail, has committed to a fair-tender process for both international and local retailers seeking spots in its…
South Korean travel retailer Lotte Duty Free is expanding into Oceania with the ambition to be the leading operator in Australia and New Zealand by 2023. The firm’s entry into the territory began with a grand opening ceremony at one of its new Australian…
Thailand’s much-maligned airport duty-free monopoly appears set to be nearing an end. For years, major Thai retailers have complained that incumbent operator King Power has controlled the retail offer – and prices – at Thailand’s largest airports, especially…
Tokyo-based duty-free operator Laox is allowing Chinese tourists to Japan to do their tax-free shopping online in advance of their visit. The duty-free goods will be listed on an Alibaba-hosted website, allowing consumers to purchase their goods online and…
Shinsegae Group will launch a brand new entity that specializes in e-commerce next month in an effort to become Korea’s answer to Amazon. Titled SSG.com, Choi Woo-jung, vice president of Shinsegae’s e-commerce division, will be the CEO. “[Through the new…
Thailand’s much-maligned airport duty-free monopoly appears set to be nearing an end. For years, major Thai retailers have complained that incumbent operator King Power has controlled the retail offer – and prices – at Thailand’s largest airports, especially…
