Inside Retail Asia latest duty free news and business trends within the travel retail industry.

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Macau shutters casinos as coronavirus crisis widens

Macau’s government has closed the territory’s casinos for at least two weeks over fears coronavirus might be spread through venues.

India’s duty-free purchase limits to be slashed

Proposed changes to India’s duty-free purchase limits may dent the country’s duty free market growth prospects, says GlobalData.

Coronavirus: ‘severe’ impact looms for Asian travel-retail sector

Asian travel-retail sales in Hong Kong and globally are expected to be heavily impacted by the growing coronavirus crisis.

Retailers across Asia brace for Coronavirus impact as death toll mounts

As health authorities across Asia struggle to assess the severity and impact of the deadly Coronavirus, hundreds of stores have closed in Mainland China.

International merchants embracing Chinese mobile payments, says report

A new survey by Alipay and Nielsen has found overseas merchants are actively exploring digital operations via Chinese mobile payments to increase sales and customer traffic.

Beauty&You by The Shilla Duty Free kicks off Lunar New Year

Travel retail concept Beauty&You by The Shilla Duty Free is celebrating the Year of the Rat at Hong Kong International Airport with an array of Lunar New Year offers until the end of February.

Global exclusive Kiehl’s Lunar New Year store launched at Changi Airport

New York skincare brand Kiehl’s has opened one of its largest airside airport pop-up executions in the region to date at Singapore’s Changi Airport Terminal 3.

South Korean beauty firms flourish as hopes rise of end to China sanctions

Stocks of major South Korean cosmetics and duty-free operators traded higher yesterday amid hopes that China may lift its retaliatory economic measures under way for years against Seoul’s decision to deploy a US anti-missile system there. AmorePacific, the country’s largest cosmetics maker, closed at 232,000 won (US$200), up 5.22 per cent from the previous session’s close, after touching as high as 236,000 won, the highest…

Shinsegae department store sets sales record as foreigners splurge in Gangnam

Shinsegae Department Store says its outlet in Gangnam, an affluent area in southern Seoul, reported US$1.7 billion in accumulated sales last year.

Lancome launches Absolue Gold Power pop-up at Sanya

Luxury beauty brand Lancome has launched a pop-up store at the Sanya International Duty Free Shopping Complex in Hainan, China.

Kiehl’s Seoul pop up exhibition uses digital engagement to share Christmas cheer

A three-day Kiehl’s Seoul pop-up store was unveiled on Saturday, drawing several of South Korea’s most famous KoLs and incorporating multiple digital touchpoints and VR.

The Shilla Duty Free unveils new brands in Singapore

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.