Dongwha Duty Free, Seoul Korea (From Gwanghwamun Stationn) - WalkingMap TV / 동화면세점 / 东和免税店 / 東和免税店
How to get to the Dongwha Duty Free, Seoul Korea from Gwanghwamun Station.
Dongwha Duty Free Shop, opened in 1973, is the oldest duty-free shop in the heart of Seoul. The shop features around 250 of the world’s most famous brands such as Hermès, Louis Vuitton, Gucci, Bvlgari, Salvatore Ferragamo and Ermenegildo Zegna, and over 300,000 different imported goods are on display and sale.
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DONGWHA DUTYFREE
DONGWHA DUTYFREE
Korea Mar09 Dongwha Duty Free
Mampir Dong wha duty free becer
Korean Cosmetic Duty Free in Dong Wha Seoul
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Branded Perfume & Cosmetic in Dong Wha Duty Free Seoul
Shilla IPark duty free, Yongsan-gu, Seoul
The Moodie Report.com is published by London-based independent company Moodie International Ltd, one of the UK's most successful multi-media business-to-business publishers and information providers.
Providing multi-media business intelligence of the highest quality to a global audience - 'Fast, Factual, Free'
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Korea Today-Korea′s Duty Free shops gear up for Chinese Shoppers
면세점, 중국인 증가로
News Sum Up
Korea′s Duty Free shops gear up for Chinese Shoppers
Block B Sings Theme Song For Drama Secret Door
News Sum Up
면세점, 중국인 증가로 고성장 지속
비밀의 문 OST, 블락비가 부른 ′시크릿도어′…긴장감 가득!
How to shop wisely at S. Korea's first arrival duty free shops
제일 싼 화장솜부터 제일 비싼 70만원짜리 골프채까지...입국장 면세점 인기템은?
Time now for our Life & Info segment,...where we focus on information useful for your everyday life.
Today, we are going to talk all about South Korea's first ever duty free shops in the ARRIVALS part of the airport... rather than the usual stores in DEPARTURES.
They are seen as more convenient for passengers who don't want to lug their purchases around for hours. Just buy and go.
From sharing the most popular items... to how to shop wisely,... we have our Kim Da-mi in the studio with us.
Hi Dami I'm aware three of these arrival duty free shops newly opened at Incheon International Airport two at Terminal One and one at Terminal Two. Tell us more.
Hi Mark Right, after going through immigration, you have to wait for your luggage at the baggage claim, which can be a pain in the neck.
Often times, that wait for your suitcase of backpack to emerge can be quite long and boring,...so it's the perfect time to shop your way through the jet-lag
Right, I hear these shops are literally right next to the baggage claim.
It's been over one month since the shops opened at the airport. What do passengers think so far?
The convenient location is of course the main selling point of the arrival duty shops.
And it looks like there are certain items people go for when duty-free shopping at both arrival and regular duty free shops.
Liquor like whisky, vodka and gin is by far the most popular item, followed by makeup, perfume and food. A five-hundred fifty-nine dollar golf club is the most expensive item for sale, eight dollar cotton pads the cheapest.
So where's tobacco...like cigarettes? As far as I remember, tobacco has always topped the sales chart... way ahead of cosmetics and fashion.
You're right. The reason is you are not allowed to buy tobacco products at the arrival duty free shops,...as there are concerns people may buy and resell them for a higher price to other people.
The shops handle around ten items for now...including sunglasses, Korean ginseng, some electronics and chocolate...just no tobacco. And yes, some visitors wish they had more options.
I came to buy some makeup, but the options are quite limited.
Speaking as a customer, I wish the purchase limit was higher.
The second customer mentioned a purchase limit.
Right now, I believe you can purchase up to three-thousand dollars worth of goods at departure duty-free stores.
But at arrival duty-free shops, I hear that figure is much smaller just six-hundred dollars.
Right. So in total, you can purchase up to 36-hundred dollars worth of goods at duty free shops. But the tax exemption per person is unchanged...at six-hundred dollars.
So let's say, I'm on vacation in the Maldives and there I spend a thousand dollars for my summer wardrobe. I'd have to declare that spending when I arrive back in Korea.
However, as soon as I'm back on Korean soil, I spend another 6-hundred dollars on makeup and perfume at the new arrival shop.
I get my tax exemption on the makeup I bought at the arrival duty free shop because domestic products get tax exemptions first.
Normally, I would get a 25 percent tax exemption on the clothes because clothes have the highest tax exemption rate. For cosmetics, it's just 20 percent. So keep that in mind
The arrival shops are expected to create hundreds of new jobs in Korea and hopefully it will further encourage both locals and foreigners to spend more money in the country, boosting the local economy.
There are only around 150 airports in the world that offer arrivals duty free services to passengers out of 88 countries recently surveyed so it's a rarity right now.
South Korea also plans to expand the arrival duty free shops, depending on how well they perform.
It's now summer time, so hopefully more people including locals and foreign visiters enjoy the arrival duty free service
Thank you Dami for the report. Look forward to seeing you next time.
Anytime. Thanks for having me.
#shop #SouthKorea #arrival #dutyfree #shops
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Korea Haul | Incheon Airport| 2016
Hi everyone!
First things first! Today is the day when I am going to announce the winner for my giveaway. I have chosen the winner using random.org. I know there would be just one winner this time but I promise to come up with another giveaway soon! And the winner this time is Aishwarya Krishnammachary . Congratz girl...! I'll drop you an email.
Thank you all for the love and support guys. Will try to come up with some really interesting giveaway!
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SSIN _ Duty Free Shop Beauty Shopping
Before we depart, I dropped by Lotte Sogong duty free shop in Korea and bought lots of make up products for duty free! I specially recommend Lunasol's amazing eyeshadow palette when you have chance to visit Duty free shop!
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[130222] SSH @ Seoul Lotte Duty Free Fanmeeting Message
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(part 1) In depth： Shake up in Korea′s duty－free landscape
지각변동 예상되는 면세점 시장 PA
Korea′s duty free landscape is shifting... starting with a significant loss for Korea′s retail giant Lotte... which is already struggling with a prolonged founder－family feud over succession rights.
On the other hand， another Korean retail giant Shinsegae and Doosan Group， a leading industrial conglomerate came out of the battle gloating winning licenses to open duty－free stores in the nation′s capital.
What does this mean and how would it change the duty－free competition in this country？
Joining me live in the studio to give us the details is our very own Kim Min－ji.
Minji， first off － why such fierce competition over the rights to run Seoul′s duty－free outlets？
Good evening， Connyoung. That′s because the business has become a huge source of profit.
In 2014，... six duty－free stores in Seoul，... posted combined sales of nearly four billion U.S. dollars.
It′s been on an upward trend since 2007，... and it′s expected to top 8 billion dollars this year.
But a new law requires them to renew their licenses every 5 years，... and while it will change the landscape，... it′s also raising concerns that it could deal a blow to the industry′s competitiveness.
There are two new players on the field as retail giant Shinsegae and heavy industries conglomerate Doosan were lucky to grab golden tickets to open new duty－free stores in Seoul.
Shinsegae which plans to open its new store in April next year aims to reap in sales of almost 1 billion U.S. dollars in the first year.
Doosan plans to turn Dongdaemum market， a hub for the nation′s fashion industry，... into a major tourist destination，... attracting some 13 million visitors to the area over the next five years.
Until now， Lotte and Shilla have been the big names in the industry，... but with the entry of the new players， the nation′s duty－free landscape is expected to change.
″Seventy percent of tourists come to Korea to shop. The duty－free market plays a part in deciding the country′s competitiveness. We need more new players to boost the industry.″
While their plans have been ambitious，... some have doubts whether these plans will live up to the expectations.
Duty－free shops require a lot of investment， such as state－of－the－art interior designs as well as hosting luxury brands，... but a new law requiring existing operators to renew their licenses every five years through an open competition means there′s uncertainty whether they will maintain that license，... not to mention having to deal with their employees and leftover merchandise， if that were the case.
″The new law prevents monopolization，... and now companies will work harder so as to retain these licenses. But it could prove to be a hurdle for new operators to gain footing in the market.″
Another sticky point is that some lawmakers have proposed a revision of a bill that will force duty－free store operators to pay 100 times the licensing commission they are paying now which will inevitably lead to price hi
Trip to Korea - Day 7 - The Face Shop, Duty Free Shop, Lotte World
The day was quite hectic! That was because of the shopping, of course;) I expected it to be a happy shopping, but the duty free shop was filled with sea of people. Then we ended our day in the magical Lotte World! ,, though we could not play anything :(
Feel free to comment, like, and subscribe my videos. Don't forget to watch my next videos;) Thank you :D
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Marriage not Dating OST - Bebe Mignon
Korean companies vie for a chance to open duty free shops at Incheon Int′l Airpo
Duty free shops at Korea′s Incheon International Airport are doing a brisk business, thanks in large part to big-spending Chinese tourists.
Seeing an opportunity,... Korean companies are vying for a slice of the pie.
Kim Ji-yeon reports.
Businesses big and small are in a bidding war the prize is the chance to open a duty free shop at Incheon International Airport.
The 14 bidders this year include conglomerates such as Lotte, Shilla and Shinsegae... and smaller licensees like Dongwha.
The reason for the tight competition is the duty free shops have seen their sales jump by an average of 10-percent a year over the past five years.
The sales volume of the duty free shops at Incheon was among the largest of such shops worldwide.
The shops at Incheon seem to have a bright future, largely thanks to the increase in the number of Chinese tourists visiting the country, as their spending comprises 35-percent of total sales at the shops.
The airport topped the list of the world′s best duty free shops in a Business Traveler survey of Chinese tourists in 2014.
But the appeal of opening a shop at Incheon cannot be expressed in numbers only.
Companies are using the know-how they′ve gained at the airport to expand their business overseas.
For example, Lotte reported sales of 3-point-8-billion U.S. dollars last year at duty free shops in airports and cities around the world, including Moscow′s Sheremetyevo Airport, Indonesia′s Soekarno-Hatta , Japan′s Kansai Airport and in Guam.
That′s a six-fold increase from 2000.
The Incheon International Airport Corporation says it will finalize which businesses win this year′s round of bidding by February 28.
Kim Ji-yeon, Arirang News.
Shinsegae opens duty-free store in Seoul on Wednesday
신세계면세점 명동점 개장…600여개 브랜드 판매
Shinsegae has become the latest retail giant to join the city duty-free store line-up.
Showcasing some six-hundred brands, including numerous high-end designer labels... the new duty-free store is located within Shinsegae department store nestled in the shopping district of Myeongdong in Seoul.
Shinsegae aims to post sales of roughly one-point-three billion U.S. dollars this year.
The retail giant entered the lucrative duty-free market back in 2012,... opening a store in the southern port city of Busan.
It currently operates stores in Busan's Gimhae International Airport,... as well as the nation's main gateway Incheon International Airport.
With Doosan also scheduled to open a duty-free store in Seoul later this week,... it's expected to intensify the already heated competition.
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Cosmetics and Perfumes Shop in Seoul Incheon International Airport