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According to the July 24 duty free industry, four tax – exempt domestic corporations such as Lotte, Shilla, Shinsegae and Doosan were challenged before 5:00 pm the same day.
In April, City Plus, a small duty-free shop, took delivery of the DF2 area from the 473.4 square meter departure hall of Gimpo Airport due to mismanagement . The region sells alcoholic beverages and tobacco.
The minimum annual rent was 23.3 billion won. Although this is not the place where sales are high, it is the advantage that the rent was not high compared to other regions.
The Korea Airports Corporation (KAC) will announce the first two companies and announce them to the Korean Customs Service on June 27. The score is given by the business proposal (80%) and the bid fulfillment rate (20%). As Korean Airport Corporation expects annual sales of KRW 60.8 billion in the region, duty free transporters participating in the bidding process should pay a base rent of 408,840 ㎡ per square meter (299,432 256 won) plus rent geared to income of 20.4% The rent must be presented.
Competition in bidding should be intense, as the method of rent payment is a method of operating rate that reflects reciprocal sales. Duty Free Shops Lotte, Shilla, Shinsegae, Doosan and Hyundai Department Store attended the on-site information session on November 11 to prove the interest of tax-exempt business operators. .
Although the free zone represents less than 2% of the domestic duty-free market, it can attract brand value from the operation of the airport duty-free shop and attracts attention because of the fierce fight against the duty-free market.
Lotte Duty Free's duty-free domestic market share increased from 41.9% to 35.9%, the two Free Trade Zones of Shinsegae Duty Free at Terminal 1 of the International Airport D & C. Incheon having been taken. The Shilla Duty Free Shop (23.8%) and the Shinsegae Duty Free Shop (18.7%) were an important part of the Shilla HDC duty free shop (5.8%).
Lotte Duty Free Shop and Shilla Duty Free Shop will be in the first place before the call for tenders, and Shinsegae will be able to go into the "hardening of tax exemption" . If Doosan withdraws, he will be able to enter the duty-free market.
Lotte Duty Free operates a cosmetics and perfume business, another exempt area of Gimpo Airport. Terminals 1 and 2 of Incheon International Airport are all part of the alcohol and tobacco industry.
Shilla Duty Free operates duty-free shops at three major international airports in Incheon, Hong Kong, Chek Lap Kok and Singapore Changi International Airport. It is also advantageous that there is no history of returning business license.
The Shinsegae Duty Free Shop is shorter than those of the two largest corporations, but has recently gained a new share of Incheon Airport.
However, there is a return story duty free shop at Gimhae Airport.
Doosan Duty Free Shop, which operates a duty-free shop in downtown Dongdaemun, diversifies its operations and consolidates its duty-free operation.
The operating period of the duty free shop is five years from the start of operation. The KCS will select one of the two companies as the final winner next month through the Patent Examination Committee.
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