Korean Duty-Free Retailers Target Chinese Tourists.
Korea's duty-free store operators are bracing themselves for a Lunar New Year holiday like no other - 230,000 to 250,000 Chinese tourists are expected to flood the country between February 15 and 23, with a whopping $330 million in spending expected from these visitors. But what's behind this sudden surge, and what does it mean for the duty-free retailers? We've got the scoop, but first, let's dive into the drama unfolding in the duty-free world...
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