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Korean duty-free sales down -4.9% in November; airport business outperforms downtown stores
Sales to foreigners slipped -3.7% year-on-year to US$504.4 million in November despite customer numbers being up +23.5%. Conclusion? A weak month for bulk daigou sales.
Images of the Day: How Flemingo Duty Free partnered ‘KickCancerThon’ to donate LKR1 million to Apeksha Hospital
Flemingo Duty Free chose the National Cancer Institute Sri Lanka as its local cause in the spirit of #KickCancerThon’s ‘Think Global, Act Local’ philoosphy
Hainan offshore duty-free sales surge to CNY1.1. billion (US$156.5 million) in first week after customs closure
That figure was generated from 775,000 purchases made by 165,000 shoppers, up +11.8% and +34.1% year-on-year respectively.
