CHINA (HONG KONG). Sunil Tuli, travel retail industry veteran and Managing Director Duty Free and Travel Retail for King Power Group (Hong Kong), has been appointed as Group Chief Executive Officer.
He reports directly to Antares Cheng, Group Chairman of the Hong Kong-based company.
Tuli will also retain his current responsibilities leading the group’s extensive duty free and travel retail activities. His leadership remit includes:
- King Power Hong Kong, King Power Macau, King Power Singapore, Orient King Power China, Macau Ferry Terminals
- Merchandising across all categories, including liquor, tobacco, perfumes and cosmetics, fashion, luxury, general merchandise, packaged food, watches and other products.
- As Chief Operating Officer, Tuli will oversee the operations of King Power Global Development Limited, a JV company between King Power Thailand and King Power Hong Kong, which is currently in the process of opening luxury watch and jewellery stores for Cartier, IWC, Jaeger Le Coultre, Piaget and Panerai at Hong Kong International Airport.
- Business development for King Power Group Hong Kong’s retail business.
Tuli is also Chairman and Exco member of Agatha SA (France) a leading French jewellery brand, with businesses in France, Spain, the Middle East, China (including Hong Kong), South Korea, Japan and other Asia Pacific countries.
The brand is stepping up its focus on the travel retail channel and is currently in discussions with distributors and franchisees for different markets.
Tuli has also been appointed Chairman of Chateau Bernadotte, a Cru Bourgeois winery in Haut Medoc, Bordeaux. The brand made a successful entry into duty free some years ago and will now, like Agatha, gear up its activities in the channel. Tuli said that the company is in discussions with distributors and agents regarding this global expansion.
The 35-year veteran of travel retail* is also a member of the Board of Directors for Hookedge UK, which owns the luxury Patrick Cox shoes and accessories brand.
In addition, Tuli is also assuming responsibility for the Group’s wholesale and ecommerce activities, and the franchise businesses for the Hong Kong and Singapore domestic markets.
*Sunil Tuli career snapshot
Sunil Tuli entered the travel retail sector in 1984 when he joined India Tourism Development Corporation (ITDC) in charge of duty free shops in Bombay, Calcutta, Delhi, Madras and Trivandrum. He then assumed a leadership role at Scotts Weitnauer in Singapore in 1991.
When that joint venture broke up, Tuli became Weitnauer Singapore Managing Director and later head of the company’s (now Dufry) Asia operations, before being promoted to Asia Pacific and Middle East Chief Operating Officer. He joined King Power Group (Hong Kong) in 2003 as Merchandising Director, later being promoted to Managing Director Duty Free and Travel Retail.
Tuli has been an influential voice within the travel retail Trinity over recent years. He has argued passionately and eloquently at numerous public forums for a mutually equitable tender model to ensure that all industry stakeholders can better balance risk and reward, generate sustainable returns, and serve the travelling consumer better.
Underlining his influence in the travel retail community, he was also President of the Asia Pacific Travel Retail Association (APTRA) for three consecutive terms between 2007 and 2013.
