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Incheon planning temporary stores as T1 contracts near expiry

Shinsegae, Hyundai and Kyung Bok Kung Duty Free stand to benefit from the new plan

Kyung-bok-kung , Korea-customs-service-incheon , Incheon-airport , Shinsegae-duty-free , Hyundai-duty-free , Kyung-bok-kung-duty-free , Entas-duty-free , Korea-customs-service , Lotte-duty-free , Shilla-duty , கியுங்-போக்-குங்

IIAC to trigger new T1 bidding round in March/April | Travel Retail Business

Monday, 25 January 2021 12:36
Lotte Duty Free’s and The Shilla Duty Free’s six-month lease extensions at Terminal 1 will end on 28 February.
Incheon International Airport Corporation (IIAC) has confirmed to
TRBusiness that Lotte Duty Free (Lotte) and The Shilla Duty Free (Shilla) will shutter their Terminal 1 shops at the end of February before the launch of a fourth duty free tender.
Both travel retailers have been operating extended leases under flexible rent arrangements since the end of August after bidders reneged on signing contracts for the Terminal 1 duty free concessions in the wake of the worsening Covid-19 crisis.
Lotte currently holds the DF3 (L&T) lot while Shilla holds the DF2 (beauty), DF4 (L&T) and DF6 (fashion/misc) leases.

Incheon , Inch-on-gwangyoksi , South-korea , Korea , Lotte , Group-bumho-kim , Korea-customs-office , Incheon-international-airport-corporation , Lotte-duty-free , Shilla-duty-free , Executive-director

DFNI Supplier Survey: Gary Leong, Foreo, Global Travel Retail Director

DFNI Supplier Survey: Gary Leong, Foreo, Global Travel Retail Director
January 7, 2021 Comments Off on DFNI Supplier Survey: Gary Leong, Foreo, Global Travel Retail Director
“We are continuing to develop the travel exclusive sets for both brands, Foreo and FAQ, slated for release in 2021,” Leong says
As part of the
Gary Leong, Global Travel Retail Director at
Foreo.
The
The pandemic has accelerated the growth of online sales in many markets worldwide, including China, the most important travel retail market. How well is the travel retail business meeting the challenge of e-commerce in your view?
Travel retail is one of the world’s most unique channels. If we’re talking about duty free, for instance, the only person who is qualified to purchase is one that has valid travel documents, making it harder to make quick conversions as compared with e-commerce. However, that does not mean that e-commerce has become a more preferred channel for consumers. Travel retail has already adopted what e-commerce makes more vital; 1) Convenience with online orders 2) Digital content, including social media and live streaming to keep customers engaged, all while maintaining the uniqueness of duty-free, which is, of course, the price.

China , Vietnam , Republic-of , Japan , Hainan , Chinese , Northeast-asia , Peter-zehnder , Pernod-ricard , Gary-leong , Carlos-granados-moyano , Stewart-dryburgh

Foreo rolls out travel-retail exclusive Christmas edition set

Foreo rolls out travel-retail exclusive Christmas edition set
The set features the Luna Mini 3 and Micro Foam Cleanser
Foreo is releasing its latest travel-retail exclusive Christmas edition package including the new
Luna Mini 3 paired with the
Micro-Foam Cleanser.
The brand is expecting the set to prove to be an “annual best-seller” as the “perfect present” this Christmas.
The
The Christmas sets are available throughout Asia in retailers including
CDFG Duty Free in Sanya,
The Shilla and
Duty Free Americas in Macau, as well as most

Seoul , Soult-ukpyolsi , South-korea , Macau , Luna-mini , Glow-boost , Hyundai-duty-free , Duty-free-americas , சியோல் , தெற்கு-கொரியா , மக்காவு

New Foreo Christmas edition set available in Asian travel retail locations

The Foreo Christmas edition set features the Luna Mini 3 and Micro Foam Cleanser.
Swedish beauty brand Foreo has released its latest Christmas edition set featuring the Luna Mini 3 in a limited-edition shade of blue and the Foreo Micro Foam Cleanser.
The travel retail exclusive package is an annual best-seller for the company and the inclusion of the new Luna Mini 3 should ensure it tops the sales charts this year.
An ideal gift for females who are always on the go, the device is app-operated and fits alongside any smart-watch or gadget.
Featuring Glow Boost mode for a 30-second power cleanse, the tool is paired with the multi-functional micro-foam cleanser. The duo promises a flawless complexion, according to the company.

Sweden , Seoul , Soult-ukpyolsi , South-korea , Macau , Swedish , Foreo-christmas , China-duty-free-group-in-sanya , Luna-mini , Micro-foam , Foreo-micro-foam , Glow-boost