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Lotte Duty Free makes inroads into Australian, New Zealand markets

December 2, 2019

Lotte duty free has become the first
Korean duty-free operator to open stores in Australia and New Zealand on Monday
Korea’s largest travel retailer held an opening ceremony for a new outlet at
Brisbane International Airport since January Lotte duty free has been
operating for retail outlets in Australia and one in New Zealand after
signing a contract with Melbourne based jr. duty-free last August Lotte duty
free now runs 12 branches in seven countries and plans to open new stores
in Vietnam in the first half of this year the company aims to achieve nearly
900 million u.s. dollars in sales from its overseas branches by 2020

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