Lotte Duty Free’s luxury boutique shopping zone at Kansai International Airport (KIX) in Osaka has undergone a renovation across 443sq m of space.
Bulgari (89.3sq m), Bottega Veneta (62.8sq m) and Gucci (105.8sq m) opened in June following the unveiling of a Loewe (39.7sq m) store in January.
The shops bolster a lineup that includes the likes of Tory Burch (56.1sq m).
Tiffany & Co (89.3sq m) is set to make its debut in the second half of the year with six brands.
OVERCOMING THE CRISIS
The South Korean travel retailer says it has taken pre-emptive steps to prepare for the restoration of global tourism by restructuring its overseas shops portfolio.
In this way, the stores serve to draw the gazes of travellers by spotlighting brands’ unique values and trend-led concepts.
Lotte Duty Free says the renovated Gucci boutique store has the highest sales share among Kansai Airport’s duty free brands.
“Based on the operational know-how accumulated over the past 40 years, we will successfully settle the newly renovated Kansai Airport store,” said Lotte Duty Free CEO Kap Lee. “Lotte Duty Free will make every effort to overcome the crisis and take another leap forward.”
The volume of international passengers departing from KIX in 2019 totalled approximately 12 million.
Lotte Duty Free entered Japan’s duty free business at KIX Terminal 1 in 2014. In March 2016, Lotte Duty Free opened its downtown Tokyo Ginza duty free shop.
For an in-depth interview with Lotte Duty Free CEO Kap Lee, click here.