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South Korea is now the first duty-free shops closed down the remaining shop business is bad

Author: right of small with the coming of the 'National Day golden week', from the China outbound travel team became the various countries' tourism industry for the object. South Korea, however, the industry is a tax-free shop in preparation for the long winter. South Korean customs hall and pyeongtaek, local government, according to the announcement day of this month, 'hana duty-free shops' ( HANADUTYFREESHOP) Due to the operating condition, apply for closed shop. South Korean authorities according to law, after given the lag phase, this month, decided to hana duty-free shops in the duty free license, and stop its business in this month. A south Korean circulation industry source told the first financial journalist, hana duty-free shops announced the biggest cause of active closed shop, or pressure is to rent, and overwhelmed. The arrival of the Chinese tourists, had helped South Korea prosperity of the relevant industries. According to South Korea duty free association statistics, in all, South Korea's total sales of duty-free trillion-dollar won ( About one hundred million yuan) Mark, compared with the years. Trillions of won % growth. However, along with the reduction in Chinese tourist to Korea, South Korea will begin with duty-free shops and cosmetics industry marketing focus on its own people. The industry still believe that even strengthen the marketing of domestic tourists, the consumption amount of Korean consumers also hard to fill the blank of the Chinese tourists and businessmen yield improvement is also very limited. For to enter the market in five chain enterprise 's a tax-free shop, in addition to an individual, most duty-free shops are facing losses of more than billion won. Also a voice said, should adjust present excessive government intervention policy of duty-free, South Korea, prescription treatment is a tax-free shop industry. Day of this month, the south Korean government system to improve the team issued a tax-free shop reforms, it has long been criticized the duty free license review transparency sweeping reforms. An industry to the first financial journalist joked that government intervention in the duty-free shops industry, and high franchise license fee and rental fee, this is one of the stumbling block for the development of new tax free. Editor: huang rui

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