Kevin covers retail, airports, and the global traveling shopper. Hainan remains prominent in the global duty-free market. (Photo by Luo Yunfei/China News Service/VCG ... [+] via Getty Images ...

Hotel Shilla, the parent company of The Shilla Duty Free, has reported widening losses in operating profit of -KRW43.9bn ...

In the fourth quarter of last year, Hotel Shilla recorded an operating loss of 2.79 billion won, widening the loss compared ...

According to a report by real estate consulting firm Knight Frank, India’s transit retail market is expected to hit $21.6 billion by 2030. Within transit retail, the duty free segment stands out ...