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 … WebJan 4, 2024 · Incheon International Airport Corporation CEO Kim Gyeong-wook said, “As the number of daily passengers at Incheon Airport recently exceeded 120,000 and China – an overseas country that accounts for the largest portion of airport duty free shop sales, completely lifted COVID-19 quarantine measures, airport operations are rapidly normalising.
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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 … WebIf you want to buy liquor, or if you prefer whiskey, in the duty free story of the Shop Duty Free, you can find an exceptional selection of high range beverages. In our selection of … share media from android to pc
Bidding war intensifies over Incheon airport duty free shops
WebJan 10, 2024 · Incheon Airport Duty Free posted an all-time annual sales record of US$2.43 billion in 2024, smashing the previous high of US$2.37 billion set one year earlier. The figures mean Incheon retains its position as the leading airport worldwide for duty free sales, ahead of Dubai (US$2.029 billion through Dubai Duty Free in 2024, as reported). WebIncheon International Airport. VIEW. scroll top. instagram facebook youtube weibo wechat. close Scan Wechat QR ID : ShinsegaeDutyFree. SHINSEGAE DF Inc CEO : RYU SIN YUL … 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. poor man\u0027s cake history