NEWS ROUND-UP KAC seeks approval for arrivals in Gimpo
Should the tender be approved, KAC expects it to generate strong interest among SME operators and other enterprises keen to enter the duty free industry. Moves to seek approval for the Gimpo
Korea Airports Corporation (KAC) is hoping to receive approval from the government to issue a tender for a single duty free arrivals shop at Seoul Gimpo International Airport, later this year. KAC would ideally like to conduct the
process before the end of this year, however it is still in negotiations with several parties. Gimpo is just one of numerous arrivals duty free shops that KAC hopes to open in regional airports across South Korea from 2020 onwards. KAC is responsible for awarding the concessions. In line with government policy on airport
duty free arrivals shops, bidding for Gimpo’s mixed category arrivals shop licence would be restricted to SME companies.
shop tender recently accelerated following the government’s decision to roll-out arrivals shops faster than first planned. This was prompted by the introduction of airport arrivals shopping in Japan over the past 18 months. “The government originally suggested
that it might be possible for KAC to launch arrivals duty free shopping six months after Incheon International Airport began operating its arrivals shops,” Kim Su Min, Korea Airport Corporation’s Commercial Facilities Team Assistant Manager tells TRBusiness. “Recently the government changed its
mind and said that Gimpo Airport might be able to open an arrivals shop earlier. We are, therefore, seeking approval for a single 200sq m arrivals shop.” “Hopefully we could have an arrivals
shop in Gimpo as early as the end of this year. KAC is preparing to make a plan how to issue a tender for arrivals
TFWA calls for industry to back its associations
TFWA President Alain Maingreaud has issued a renewed plea to organisations within the DF&TR industry to get behind their trade associations in order to protect the channel’s unique trading advantages. “We’re blessed in our industry with high-
quality trade associations,” he says. “We really need the industry to support
these associations because they do a very important job and can only do it if the stakeholders get behind them. “Once again, we need support from all
the different sectors to defend ourselves better against the challenges we are facing.” The ability of the Duty Free World Council
to facilitate communication between various industry stakeholders, must not
be underestimated, adds Maingreaud. “Communication is certainly easier and it’s all thanks to the DFWC, which Erik and I worked very hard to set up.” Asked by TRBusiness for his personal
goal in the next year or so, Maingreaud, says: “I want all industry stakeholders to talk to each other and work together as much as possible.”
Asian millennials prefer to plan their purchases
The vast majority, about 90% of AsPac travellers who end up making a purchase in duty free, planned to do so before making their trip, says Swiss research firm m1nd- set. This is especially true of millennials. “However, the majority arrive at the
duty free shop without having made up their mind about which products to buy specifically… they only have a general idea about the category, the mission or the budget,” reveals m1nd-set. “This opens up huge possibilities to
engage with undecided shoppers inside the store. “Therefore, make sure your products
stand out on the shelves, introduce in-store elements (e.g. gondolas and digital touch points) to ensure that their uniqueness/exclusivity /value are highly visible in order to make them most likely to be chosen.” Around half of travellers from the Asia
Pacific region (53%) visit duty free shops and among them the vast majority end up purchasing something (81%).
shops, but we don’t have any specific bidding timeline.” The bidding process is expected to follow
a similar procedure as the one used for Incheon Airport’s two recently awarded duty free arrivals shop concessions.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150
