Lotte Duty Free Archives - Inside Retail Asia
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.
Lotte Duty Free has announced record sales for last year.
Lotte Duty Free has unveiled a new promotional space – Star Avenue – at its flagship store in Myeongdong, Seoul.
Lotte Duty Free has bought a change of outlets in Australia and New Zealand from local operator JR Duty Free.
South Korean retailer Lotte will launch a new department in charge of the business group’s online businesses this week.
French casual fashion brand Lacoste has opened a new Japanese Le Club outlet in Tokyo’s Lotte Duty Free Shop Ginza.
Lotte Duty Free Vietnam has opened its second store, at Nha Trang’s Cam Ranh International Airport.
Lotte Duty Free will open its second Vietnam airport store in Nha Trang next year.
South Korea’s largest duty-free operator, Lotte Duty Free, is considering withdrawing from Incheon International Airport.