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Make-up products accounted for more than half of the annual sales at duty-free shops in South Korea last year, fueled by brisk demand from foreign tourists immersed in Korean entertainment culture. Fresh data from the Korea Customs Service and companies…
Duty free shops in Korea have begun to invite internet celebrities from China, better known as “Wang Hong” there, to attract Chinese tourists during the upcoming holiday season. The shops are seeking to break through Beijing’s economic retaliation against…
Philips and L’Oréal Paris Men Expert have joined forces to launch a pop-up barber shop at Singapore Changi Airport. The Male Grooming Club initiative, in partnership with Changi Airport Group, The Shilla Duty Free and Sprint-Cass, is said to be the…
The Shilla Duty Free conducted a soft opening of its new downtown store in Phuket, Thailand at the weekend, which has allowed it to take the next step in its ‘diverse global expansion strategy’, it says. As reported, the store was slated to open originally in…
The new boutique was officially opened last Saturday ^ featuring Furla’s Autumn and Winter 2016 Collection. The outlet is well lit and easily browsed with aisle room for customers to browse the wall-mounted leathergoods collections, as light boxes reinforce…
It is not uncommon to see avid traveller Cara Lee lugging numerous shopping bags up the aeroplane – not on her way back from her travels, but at Changi Airport on her way out. The 26-year-old account manager at a media intelligence company spends about $180…
Fashion apparel brand Lacoste Korea has renovated its boutique unit inside the Shilla Jeju Duty Free store, showcasing its “standard premium” concept. The retail space is on the fourth floor of the store on Jeju Island, close to Jeju International Airport.…
Asia is driving “significant growth” in the global airport retail market, according to a new report from Credence Research. This is based on the increasing disposable income of middle-class families in emerging countries coupled with affordable travel…
The Shilla Duty Free has posted a 29 per cent year-on-year rise in second-quarter revenues for its Korean downtown stores, rebounding from the MERS-ravaged tourism sector at the same time last year. Downtown store revenue climbed to KW538.2 billion (US$473.6…
The Shilla Duty Free posted a +29.0% year-on-year rise in second-quarter revenues for its Korean downtown duty free operations, reflecting a strong rebound from the MERS-ravaged corresponding period last year. Downtown store revenue climbed to KW538.2 billion…
UnionPay International (UPI), an international payment network, has launched the 2016 Global Airport Campaign, its third edition since the inaugural annual campaign in 2014. This year’s Global Airport Campaign is the largest to date, featuring 120…
Just over half the floor area (16,500sq m) of the new $316m 30,400sq m ShillaI’Park Duty Free store complex opened in downtown Seoul this month, initially covering floors three to six at the I’Park Mall in the Yongsan District. The December 24 ‘soft launch’…
The Shilla Duty Free has launched the global travel-retail first Miu Miu fragrance at Singapore Changi International airport. The global travel-retail exclusive launch from August 1-31 is part of the The Shilla Duty Free’s commitment to continuously present…
The Shilla Duty Free will acquire a 44 per cent stake in inflight duty free specialist The DFASS Group for US$105 million. And it will hold an option to purchase a further 36 per cent of the equity in five years. The Shilla Duty Free, owned by Hotel Shilla,…
