Travel Retail News - Inside Retail Asia
Takashimaya Duty Free Shop will open late next month in downtown Tokyo.
With upcoming tax reforms, Japan duty-free on arrival stores could soon be opened.
South Korea has stepped up efforts to overhaul its dependence on Chinese shoppers by shifting the focus to other Asian countries.
Sales by the South Korea online industry rose dramatically in recent months powered by a growing number of Chinese.
China and South Korea were the top markets, along with the US, for Moncler last year.
Make-up accounted for more than half Korean duty-free sales in 2016 – up six percentage points on 2015.
Dufry has launched Hudson Travel bookstores with eight outlets at Chengdu’s airport.
Lotte Duty Free has reported a 26 per cent increase in turnover to W5.9 trillion (US$5.1 billion) for last year.
Shiseido had net earnings of ¥32 billion yen (US$281 million) last year, but was hit by currency variations.
Longines ambassador Lin Chi-Ling attended the launch of the watch brand’s new Macau boutique.
A 30.9 per cent leap in sales resulted in a record US$10.6 billion in revenue for the Korean duty-free industry last year.
DFS Group has completed T Galleria by DFS, City of Dreams in Macau following a 12-month expansion.