WebJun 25, 2024 · The stores will be operated under Hyundai Department Store Duty Free’s licence, Incheon International Airport Corporation (IIAC) confirmed to The Moodie Davitt Report. ... “These have provided oxygen for the airport duty free shops even if sales are small,” he said. Since these flights began, luxury has accounted for 63% of sales. WebApr 9, 2024 · • Duty-free shops in Incheon International Airport . There are various duty-free shops located in the international terminal of Incheon International Airport. You can purchase cosmetics, perfumes, watches, jewelry, clothing, and more from world-renowned brands at a high discount. In addition, both domestic and foreign travelers can use the ...
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WebFeb 27, 2024 · A bidding war is intensifying to win the rights to operate duty free shops at Incheon International Airport, putting domestic companies on high alert. Causing the alarm is China Duty Free Group, a state-run enterprise that accounts for the biggest slice of the global duty-free shopping market, which joined the competition last month. Also in the … WebJun 3, 2024 · All News 16:02 June 03, 2024. SEOUL, June 3 (Yonhap) -- Arrival duty-free shops in Terminal 1 of Incheon International Airport will reopen this week after being closed for seven months due to the COVID … bizathina richards bay
SM Duty Free Incheon Airport - All You Need to Know
WebOct 13, 2004 · According to industry sources, the number of outbound passengers at Incheon International Airport stopped at 1,000 in April, just 1 percent of past monthly average of 100,000. Sales of duty free shops at the airport plunged 98 percent in April compared to a daily average sales last year. [¨Ï Maeil Business Newspaper & mk.co.kr, All … WebFeb 8, 2024 · Introduction: The latest postponement of the Incheon International Airport Terminal 1 duty free tender – stalled indefinitely due to the country’s moribund inbound and outbound travel markets and rocketing cases of COVID-19’s Omicron variant – underlines the crisis facing South Korea’s airport retail sector. The on-again, off-again bid had been … WebJan 10, 2024 · Incheon International Airport Corporation (IIAC) described the performance, up +2.7% year-on-year, as “outstanding,” noting that sales had been driven by increased passenger traffic and the introduction of arrivals duty free shopping on 31st May. Sales growth though fell behind the passenger traffic increase. date of birth willow smith