Lotte Duty Free has halted sales to Chinese resellers — or daigong — starting this year, making the decision after suffering from years of worsening profitability due to high commission fees.

The company said Lotte Duty Free will close down a showroom dedicated to pop-up events and review closing down underperforming duty-free stores and that Lotte Chemical would sell its low-profit ...

Lotte Duty Free is strengthening its competitiveness with strategic efforts to attract foreign group tourists, including more ...

We will do our best to attract foreign tourists and increase the satisfaction of travel through duty-free shopping by leveraging the competitiveness of our duty-free business that we have built up ...

and Lotte Duty-Free's downtown store will offer LDF PAY benefits of up to 1.24 million won on weekdays and up to 1.45 million won on weekends, depending on the payment method, until the 2nd of ...

Hotel Lotte is also reviewing the withdrawal from overseas duty-free shops amid sluggish demand in the duty-free business. KGC Ginseng Corporation launches dual CEO system for domestic and ...