Galleria Duty Free 63

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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 […]

Retail Asia21/07/2016

Galleria Duty Free 63 has been officially opened – and it’s offering more than just duty free products. The new duty free store, located in Seoul’s iconic 63 Building, is operated by Hanwha Galleria, a subsidiary of Hanwha Group. Since its ‘Free Opening’ last December, the store has recorded daily average revenue of between 600 million […]

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Tag: Galleria Duty Free 63

Korean duty-free stores suffer losses

Galleria Duty Free 63 opens in Seoul