Tag: world tower

Retail Asia11/05/2017
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3min0
Lotte World Tower has drawn 126,000 daily visitors on average in April, becoming Korea’s newest tourist hotspot. The number is set to grow faster this month, as Lotte holds various events around the nation’s tallest skyscraper in Jamsil, southeastern Seoul, during the “golden week” holiday. According to Lotte Corporation, Monday, 3.16 million people have visited […]

Retail Asia18/02/2017
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2min0
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 Asia09/01/2017
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4min
As expected, Lotte Duty Free opened its World Tower flagship duty free outlet yesterday, following a six-month period of uncertainty caused by last June’s closure of the duty free section in the building. The opening follows the well-publicised and controversial shock loss of Lotte’s duty free operating license for this store back in November 2015. […]

Retail Asia14/12/2016
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3min
Ahead of this Saturday’s highly anticipated downtown duty free license awards in Seoul, South Korea, Lotte Duty Free has promised to invest Won2.3 trillion ($1.97bn) on tourist-related investments in the upmarket Gangnam quarter of Seoul between 2017 to 2021. It has also pledged to include support for small and medium-sized business partners while finding ways […]


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