FROM THE ARCHIVES 9 years ago

18-Dec-2006

While travel retailers are preparing for one of the world’s biggest duty-free opportunities at Seoul Incheon International airport next year, it is interesting to recall that nine years ago international operators were eagerly anticipating a similar opportunity at the location

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In DFNI December 1 1997, we reported the Korean Airport Construction Authority’s decision to launch an open tender for retail space at Incheon almost two years ahead of its opening........

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(20-Dec-2005) - Airport authority forecasts sales of $735m in 2005 from its four duty-free operators
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(1-Apr-2006) - SOUTH KOREA. Duty-free sales at Seoul Incheon airport reached W880bn ($906m) in 2005, an increase of 13.7% compared with 2004, according to airport authority Incheon International Airport Corp (IIAC)
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