Rajiv MenonFashion
Duty-free sales climb 36% in Korea so far in 2016
Duty-free sales from South Korea’s retailers increased 36.4% year-on-year to W8.9trn ($7.9bn) in the first nine months of 2016, according to local media reports. This is compared with W6.55trn a year ago. Sales growth in particular is driven by the rise in…