Doota Duty Free

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Retail Asia18/02/2017

Lotte Duty Free has reported a 26 per cent increase in turnover to W5.9 trillion (US$5.1 billion) for last year. The figures are believed to excludes sales from its overseas airport and downtown outlets (Guam, Indonesia, Tokyo), reports DFNI Online. For 2015, its sales reached W4.82 trillion, a decline from W4.55 trillion the previous year. […]

Retail Asia21/11/2016

Korean duty-free stores newly opened in Seoul are losing money as heavy marketing costs erode profits. A review of financial documents from the major players show heavy competition is taking its toll on all players. Five duty-frees stores opened new shops in the capital city after winning licenses in two bids — one in July […]

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Tag: Doota Duty Free

Lotte Duty Free sales up 25 per cent

Korean duty-free stores suffer losses