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 ...

In the fourth quarter of last year, Hotel Shilla recorded an operating loss of 2.79 billion won, widening the loss compared to the same period the previous year, which was 1.83 billion won. Revenue ...

The Japanese beauty house Shiseido’s travel retail sales fell -23.8% in 2024 while core operating profit plunged -70.7% amid deeply challenging conditions in Hainan and South Korea.

Brazilian growers may skip sowing black matpe if India doesn't extend duty-free imports, impacting global pulse market.

Move mimics Donald Trump’s decision to end rule that allows imports valued at less than $800 to enter US duty-free ...

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 ...