Lotte Duty Free Archives - Inside Retail Asia
South Korean duty free retailer Lotte has formally taken over the liquor and tobacco concessions at Singapore’s Changi Airport from DFS Group.
South Korean duty-free retailers are temporarily shuttering metropolitan stores in response to a significant decline in tourist numbers caused by the coronavirus epidemic.
South Korean duty-free stores are electing to temporarily close for business as the coronavirus pandemic continues.
Lotte Duty Free is to open a flagship store in Sydney’s CBD early next year, planning to tap into the 4 million visitors to the city each year.
Apple and Levi’s joined the growing list of international retailers shuttering stores in Mainland China as the infection rate and death toll from the coronavirus continued to grow over the weekend.
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 of the world’s leading travel retailers, including Gebr Heinemann and The Shilla Duty Free. Changi Airport Group (CAG…
A Rihanna makeup class was held at Lotte World Towerin partnership with Fenty Beauty
Three travel retail companies are in the running to take over the liquor and tobacco concession at Singapore’s Changi Airport.
Online store sales at Lotte Duty Free increased by 49 per cent to US$1.85 billion during the first half of this 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 decent profits. The country’s duty-free business has raked in huge revenues on the back of soaring tourists, mostly from China. …
The unprecedented extension of the Japanese Golden Week holiday to 10 days has seen a surge in tourists visiting South Korea.
South Korean travel retailer Lotte Duty Free is expanding into Oceania.