Hotel Shilla - ChinaTravelNews

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Hotel Shilla closes $121m deal to buy stake in 3Sixty Duty Free

04/09/2020|4:53:22 PM|

The deal allowed Hotel Shilla to become the second-largest shareholder after 3Sixty Chairman Bernard Klepach.

Rich shoppers stuck in China fuel an unlikely boom in duty free

02/04/2021|10:47:12 PM|

China’s share of the global luxury market—the goods typically sold at duty-free—almost doubled last year to 20%.

China ire over missile defense worries South Korea’s tourism

07/15/2016|8:04:30 PM|

Visitors from China account for majority of duty-free sales in South Korea; backlash against Thaad deployment in South Korea feared.

Chinese government to permit more duty-free stores openings

12/07/2015|5:56:34 PM|

More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.

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