SEOUL, Apr. 24 (Korea Bizwire) — Hanwha Galleria Co., a retail unit of the South Korean conglomerate Hanwha Group, announced on Tuesday that it has decided to inform citizens of fine dust levels by utilizing media art installed on the exterior of its department stores. The lighting installed on the exterior of the Galleria Luxury [...]
SEOUL, July 3 (Korea Bizwire) – Hanwha Galleria Timeworld Co., a local duty-free operator, said Monday the company will pull out of a local airport next month amid a sharp drop in the number of Chinese tourists. In a regulatory filing, the duty-free operator said its store at Jeju Airport will shut down Aug. 31, [...]
SEOUL, March 17 (Korea Bizwire) – Another duty-free market upheaval looms as South Korea is toying with the idea of easing the licensing system to attract more foreign travelers, drawing a strong backlash from five companies given the right to open new shops. Less than a year after giving out three more duty-free licenses and changing [...]
SEOUL, Nov.28 (Korea Bizwire) – A five-year cycle to pick duty-free shop operators within Incheon International Airport has returned again, forewarning fierce competition ahead. The Korea Customs Service posted on November 27 on its website that it would receive applications for new retail shop operators in the immigration area past the departure gate. According to the bid notice, [...]