Shilla Duty Free Archives - Inside Retail Asia
South Korean duty-free stores are electing to temporarily close for business as the coronavirus pandemic continues.
Changha Shin takes over the helm of Shilla Travel Retail Hong Kong this week after the surprise departure of Alice Woo.
The new HKIA duty-free stores will be officially opened later this month.
Shilla Duty Free has launched an experiential retail airport concept, Beauty&You.
Changi Airport retail has received a boost, with some 20 new retail brands making their debut at the new Terminal 4.
A sharp drop in tourists from China are blamed for lower holiday-season sales at South Korean duty-free stores.
A 30 per cent sales drop and the virtual closure of its China outlets have forced Lotte Group to drop its US$4.5 billion IPO.
Key Hong Kong airport concessions for cosmetics, fashion accessories and liquor & tobacco have been awarded.
Make-up accounted for more than half Korean duty-free sales in 2016 – up six percentage points on 2015.
Korean duty free chain Shilla Travel Retail has gained another key concession at Changi Airport as it builds its market share airside.
Lacoste Korea has renovated its boutique unit in the Shilla Jeju Duty Free store, showcasing its “standard premium” concept.
Asia is driving “significant growth” in the global airport retail market, according to a new report from Credence Research.