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Shinsegae is set to close its Centum City duty-free store in Busan on Jan. 24.
Shinsegae Duty Free may close its Haeundae District branch due to declining sales and brand exodus. The potential closure follows a trend of losses in Korea's duty-free industry amid reduced tourism and economic challenges.
Incheon Airport hosts a holiday-themed pop-up by Shinsegae Duty Free and Chanel, showcasing the 'Winter Tale' collection, offering photo zones, consultations, and giveaways until December 26.
Boy band TWS has been named the brand ambassador of Shinsegae Duty Free, the retailer said Thursday.
Shinsegae Department Store’s net profit jumped 5,000 percent on-year in the first quarter on recovering consumption.
Shinsegae Department Store reduced its number of executives by 5 percent while replacing 70 percent of its senior management as part of its annual personnel reshuffle.
Shinsegae Duty Free on Wednesday released a flood of Yves Saint Laurent bags and Valentino wallets, being the first duty-free retailer to sell its inventory to local consumers under a special exemption.
Korea JoongAng Daily Sitemap