|
|
|
KNTO Launches Duty-free Business at Incheon's New Airport.
Four new Inchon duty-free areas of a combined total area 8007m2, three times the size of Kimpo and each concessions houses six to nine shops each.
KNTO offers some exclusive items including liquor, cigarettes, ginseng, Korean foods, Korean traditional souvenirs, toys, electric products, cameras and sports goods. Also featured are the world famous brand boutiques of Chanel, Hermes, Dunhill, G. Versace, and Burberrys.
KNTO estimates the total turnover of the new duty-free shops will be around US$460 million in its first year with the organization reaping US$155 million in profits.
(Sourced from WHAT'S ON SEOUL)
|
|
|
