Such brands had counted on a post-pandemic boom that had tripled sales to 43.76 billion yuan in 2023 from 2019, helped by a 2020 increase in purchase limits at Hainan's 12 duty-free malls.
SOUTH KOREA. Total duty-free retail sales (excluding inflight) fell -8.7% month-on-month in November and -12.2% year-on-year to KRW1,014,779,011,519 (US$690.4 million), according to latest Korea Duty ...
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