NEWS ROUND-UP Brazilian border stores ‘will definitely come’
ASUTIL Secretary General José Luis Donagaray insists that stores in Brazilian border towns will definitely open despite the fact that the law to approve them was passed almost five years ago. “As you know, the law has been approved
[originally 2012], but this has not yet been implemented,” Donagaray told TRBusiness. “It’s a very, very complex law and it’s very, very difficult to implement. “The Receita de Federal de Brasil [the tax
office in Brazil] is dealing with some other political issues right now which are much more important, but the law has been approved so the shops will come. It may be tomorrow, in two months, one year, but it will come…definitely. It will happen.” Donagaray also revealed that whilst
waiting for the government to make some important decisions regarding allowances etc, the association continues to charge on with its advocacy efforts; particularly relating to the tobacco category.
“We had meetings in Orlando (at the
IAADFS show) with people from tobacco companies and with people from the ETRC. We are working on the challenges the tobacco industry is facing. “Our next meeting will be in Rio during
the ASUTIL conference where we will deliver a special strategy for Latin America coordinated with IAADFS, ASUTIL, the ETRC and the tobacco companies. [TRBusiness understands that Imperial Tobacco, JTI, Philip Morris and BAT are all onboard at this point.] “After highlighting the problems facing
tobacco at last year’s conference, this year we are insisting that many of the problems tobacco is facing are not just limited to tobacco. They will affect the whole business. I am going to insist this again this year.” Meanwhile, Donagaray tells TRBusiness
that the Latin American market is on track for recovery this year, with many
José Luis Donagary, ASUTIL’s Secretary General talks to TRBusiness on p29.
new airport developments sure to contribute to stabilisation. “We already know that Chile is going to
have a new airport; Paraguay this year will be announcing a new landlord and will have changes; Peru has seen a lot of changes; Brazil has changed all the airports, so in terms of airports it’s going to be a very interesting future.”
Korea Airports Corporation seeks YangYang shop operator
Korea Airports Corporation (KAC) is looking to appoint a new duty free operator at YangYang International Airport in northeast Gangwon Province, which is the closest airport to the site of the forthcoming PyeongChang 2018 Olympic and Paralympic Winter Games that will take place from 9-25 February 2018. KAC cancelled its concession contract
with the previous SME operator, Jusin Duty Free Co, in October 2016 after the company defaulted on rental payments for YangYang Airport’s sole duty free shop which occupies 177sq m of retail space. Sales in YangYang Airport’s mixed
category duty free shop totalled US$500,000 in 2016. The airport served 88,000 international
passengers last year, down 18% from 106,000 in 2015. Although more passengers are expected to use YangYang Airport and the number of international flights increase
The PyeongChang Organising Committee for the 2018 Olympic & Paralympic Winter Games ramps up the excitement for the 2018 Paralympic Winter Games. Source: Official Winter Olympic Games website.
when the Winter Olympics are held, most overseas spectators and competitors are expected to arrive and depart South Korea through Incheon International Airport. KAC’s efforts to attract a well-established duty free company to YangYang Airport
have failed thus far. Although KAC would prefer to appoint a large operator to run the airport shop, only SME operators appear likely to bid for the concession when a tender is issued. “Next year is the PyeongChang 2018
Winter Olympics, so we have started to seek another tender; it will be before summer,” a Korea Airports Corporation source told TRBusiness. “Big duty free companies have no interest
in YangYang Airport; it’s a bit of a problem.” Meanwhile, non-payment of duty free
shop rental fees due to financial difficulties also have caused KAC to cancel Module Tray Co’s perfume and cosmetics concession at Cheongju International Airport in central Cheongwon Province. KAC is expected to invite bids for
the sole perfume and cosmetics outlet concession later this year though a date has not been announced.
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