Duty Free City to open four new stores in Texas and another 10 on the northern border

In an ambitious growth strategy, Duty Free City plans to open four new stores in Texas in June and another 10 on the US northern border in 2016…read more…

LVMH sales hit $8.7bn as DFS faces ‘complexities’

LVMH has recorded a 16% revenue increase for the first quarter of 2015 to $8.7bn, reporting ‘a complex situation in Asia’ for DFS and a ‘stagnant’ three months for Wines & Spirits…read more…

Lotte targets $5bn after hitting $4bn in 2014

Lotte Duty Free is targeting a +25% sales increase to $5bn in 2015, after achieving a record $4.02bn rise in 2014 – equivalent to an additional $750m (+22.8%)…read more…

Hanwha targets major growth at Jeju Airport

Hanwha Galleria Timeworld is targeting a second year of double-digit sales growth at Jeju International Airport’s duty free shop this year, according to Allen Hong, Duty Free Division Leader at the company…read more…

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