SOUTH KOREA. Total duty-free retail sales (excluding inflight) rose almost +24% month-on-month in December but eased -3.8% year-on-year to KRW1,257,963,198,484 (US$874.7 million), according to latest ...

Korea’s four largest duty-free shops — Lotte Duty Free, Shilla Duty Free, Shinsegae Duty Free and Hyundai Duty Free — all posted losses in the third quarter of 2024. Shinsegae Duty Free ...

A Shinsegae Duty Free representative said: “We are thrilled to provide our customers with a unique shopping experience through the introduction of fresh produce. This initiative not only enhances our ...

This initiative follows Shinsegae Duty Free’s selection as an official member of the Visit Korea (VK) Alliance, a comprehensive Korean tourism platform managed by KTO, earlier this year. Through this ...

Section 2[5] of the IGST Act states all products shipped out of India, shall be termed as exports. As the transaction takes place beyond the Customs Frontiers of India, the goods cannot be treated as ...

duty-free shops are also grappling with mounting challenges, including heightened competition from local retailers such as Olive Young and Daiso, and the impact of a weakening Korean currency.

Duty free plus tax free means discounts galore! Lotte Duty Free Ginza is the number one duty-free shop in Asia. Lotte Duty Free Ginza is located on the 8th and 9th floors of Tokyu Plaza Ginza, ...

Here’s a look at the 8 airports that make layovers a pleasure rather than a hassle. Also read: I Survived 24 Hours in Changi ...

Laneige is a South Korean cosmetic brand, and the brand name is derived from La Neige, which means “snow” in French. Most of their products are water-based, promising to keep your skin hydrated and ...

The Korea Grand Sale, running through Feb ... Major department stores -- Lotte, Shinsegae, Hyundai and Galleria -- along with duty-free shops and outlets, are hosting special promotions.

A significant loophole in Japan’s duty-free system has been revealed after nine individuals were found to have purchased over 100 million yen ($659,000) in duty-free goods but failed to take ...

CDFG successfully won the bids for duty-free shops in Chengdu and Tianjin China Duty Free Group has added two more wins to its bidding drive for duty-free shop projects in downtown city locations, in ...