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Retail Asia06/04/2022

King Power is set to unveil a revamped store at Suvarnabhumi airport today, building on its collaborations with global luxury brands. Aiyawatt Srivaddhanaprabha, chief executive of King Power Group, said his company was ready to welcome international travelers while also enhancing the airport’s reputation as a regional aviation hub. “On April 1, King Power is […]

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Retail Asia29/07/2020

Thai duty-free retailer King Power is anticipating a drop in sales revenues of 50 percent in the wake of the coronavirus pandemic. The firm has attempted to drum up business while international travel is largely frozen via an online sales strategy, but it has not been able to offset the steep fall in business with […]

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Retail Asia01/07/2019

King Power Thailand has won extended exclusive rights to operate at three additional Thai airports for a further 10 years. The firm won tenders for Phuket, Chiang Mai and Hat Yai airports, just a week following a win at the country’s main international airport at Suvarnabhumi near Bangkok. The contracts were subject to some criticism […]

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Retail Asia24/06/2019

Hopes of opening up the duty-free and retail monopoly at Bangkok Suvarnabhumi airport have been dashed after Airports of Thailand (AOT) announced the incumbent operator had lodged the highest bid to retain the business. While still subject to final ratification by the AOT board, King Power has effectively bought a monopoly on duty-free business at […]

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Retail Asia29/05/2019

WH Smith has widened its franchise partnership with King Power Group (Hong Kong) to Singapore. Until now, the franchise partnership deal struck last year covered Hong Kong only. The new partnership aims to grow WH Smith’s presence in Singapore and explore opportunities in rail and metro stations, ferry terminals and commercial centres. It excludes airport […]

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Retail Asia22/03/2019

The makeover of the L’Oréal Paris store in King Power Downtown II Srivaree is the latest in a series of important openings at L’Oréal Travel Retail Asia Pacific. Unlike anything Bangkok has ever seen before, the expanded flagship store is the biggest L’Oréal Paris store worldwide. This new design concept officially invites travelers to an elevated shopping experience to discover L’Oréal Paris’ accessible luxury products for […]

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Retail Asia12/03/2019

Thailand’s much-maligned airport duty-free monopoly appears set to be nearing an end. For years, major Thai retailers have complained that incumbent operator King Power has controlled the retail offer – and prices – at Thailand’s largest airports, especially Suvarnabhumi outside Bangkok. Frequent travellers often comment that airport ‘duty-free’ prices are higher than at other airports […]

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Retail Asia05/03/2019

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Lancome’s fantasy wonderland pop‑up at Bangkok King Power Rangnam, featuring the brand’s first ever interactive LED projection, will come to a close on March 10. The Chinese New Year Lancome pop-up was launched on February 4 following the success of Lancome’s festivities at King Power Rangnam the previous year. In keeping with the brand’s stated […]

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Retail Asia22/02/2019

Thailand’s much-maligned airport duty-free monopoly appears set to be nearing an end. For years, major Thai retailers have complained that incumbent operator King Power has controlled the retail offer – and prices – at Thailand’s largest airports, especially Suvarnabhumi outside Bangkok. Frequent travellers often comment that airport ‘duty-free’ prices are higher than at other airports […]

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Retail Asia29/01/2019

Thailand’s King Power Duty Free has won the world’s ultimate accolade for travel, tourism and hospitality industry excellence, voted ‘World’s Leading Airport Duty Free Operator 2018 in the 25th World Travel Awards. King Power Duty Free triumphed ahead of than a hundred duty free operators worldwide including shortlisted finalists China Duty Free Group, Hong Kong’s […]

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Retail Asia26/09/2018

National carrier Vietnam Airlines is set to officially establish an inflight duty free service from October in cooperation with inflight specialist King Power Traveler, the Rakhita Jayawardena-run subsidiary of Hong Kong-based travel retailer King Power Group. Over the next five years, the SkyTeam alliance member will cooperate with King Power Traveler to expand and upgrade […]

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Retail Asia19/04/2018

Royal Dragon Vodka TR agent Yam Seng Pte Ltd has secured a new listing for Royal Dragon Vodka with King Power Thailand. The Imperial 1 litre and Elite Flavoured Collection are part of the Royal Dragon Vodka assortment available at departure stores in Bangkok Suvarnabhumi International Airport. As reported earlier this month, Yam Seng secured a new […]

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Retail Asia06/03/2018

Lancôme has unveiled its first travel retail pop-up in Asia Pacific, complete with an AR feature. The activation at the newly-refurbished King Power Rangnam is to mark the Year of the Dog for the luxury beauty brand. The scheme invovles a red facade, pup-up store, light shows and live performances. Lancôme Travel Retail Asia Pacific has looked to […]

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Retail Asia23/01/2018

After a revamp, Thailand travel retailer King Power Group has staged a grand re-opening of its Bangkok duty-free shopping and lifestyle complex King Power Rangnam. Redeveloped at a cost of THB2.5 billion (US$74 million), the 22,000sqm landmark offers luxury brands, beauty products, watches, sunglasses and souvenirs. Local specialty products showcase Thailand’s One Tambon [district], One […]

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Retail Asia02/06/2017

Shiseido Travel Retail has partnered with King Power International to deliver a major promotional campaign seeking to capture the unique attractions of Thailand, which will launch the beginning of next month. The initiative saw the Shiseido brand collaborate with Thai artist Riety Darisa K and influential Chinese fashion and lifestyle blogger Magic Yang to target […]

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Retail Asia29/05/2017

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Shiseido Travel Retail has partnered with King Power International (Thailand) to deliver a major promotional campaign which aimed to capture the beauty of Thailand. For the initiative, Shiseido collaborated with Thai artist Riety Darisa K and influential Chinese fashion and lifestyle blogger Magic Yang to target Chinese travellers through a 360 ̊ programme. The programme included […]

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Retail Asia10/04/2017

Thai duty-free giant King Power Group plans to spend THB10 billion (US$290.4 million) for business expansion over the next five years. CEO Aiyawatt Srivaddhanaprabha says the budget will be used to open five branches in Thailand and overseas, bringing its total to 14 by 2021. The stores are planned for downtown in major tourist destinations, […]

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Retail Asia16/01/2017

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Shanghai Airport Authority is seeking bidders for retail concessions at Shanghai Pudong International Airport Terminal 2 (domestic). It has 38 stores available covering a total of 3300 sqm, with multiple product categories up for tender. Likely bidders include Orient King Power, a subsidiary of the Antares Cheng-owned King Power Group (Hong Kong), which expanded its […]

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Retail Asia17/06/2016

King Power, the Thai duty-free conglomerate, has bought a US$225 million (S$305 million) stake in Thai Air Asia, the country’s largest budget airline. The purchase allows King Power’s billionaire owner Vichai Srivaddhanaprabha to further tap into Thailand’s booming tourism industry and expand beyond his duty-free and hotel portfolio. Thai Air Asia is 55 per cent […]

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Retail Asia27/05/2016

US accessories and lifestyle label Coach Asia is remodelling its duty-free and travel retail stores to tie in with its new “modern luxury” concept, and is planning further expansion in the region. The company says the aim is to provide a “warm and inviting” environment in which to showcase the latest products from Coach creative […]

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