TRBusiness 90 second news update

By Charlotte Turner |

DF&TR must learn to be ‘less dependent’ on footfall

In an interview with TRBusiness, Kian Gould, CEO and Founder, AOE, has said that the duty free and travel retail industry must learn to be ‘less dependent’ on footfall in the future as the industry grapples with the devastating impact of the Covid-19 outbreak…read more…

 

Lotte DF shortens payment cycle for SME brands in fresh wave of support

Lotte Duty Free has expanded its financial assistance to small- and medium-sized Korean brands in a series of ‘win-win’ measures to mitigate against the impacts of the coronavirus (Covid-19)…read more… 

 

Covid-19: KDFA data shows 54% slump in visitors to South Korea in February

Staying in South Korea, the number of visitors to the country dropped by more than half (54%) in February compared with the previous month, data from the Korea Duty Free Association (KDFA) shows…read more…

 

Positive reaction to TR Awards’ finalists shows industry power in time of need

TRBusiness and m1nd-set are delighted to see the incredible wave of positive comments being shared on social media following the announcement of the 2020 consumer-voted Travel Retail Awards finalists…read more… 

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