“Entering a new normal” – Korean downtown duty-free sales plummet as daigou regulation changes kick in

“We are entering a kind of new normal, i.e. real travel retail instead of being the wholesale centre of the region,” a senior Korean travel retail executive...
SOUTH KOREA. Duty-free retail sales nationwide (excluding inflight retail) slumped by -42.5% month-on-month and -16.1% year-on-year in February to KRW915.2 bill... Read More