[THE INVESTOR] Shilla Duty Free said on Dec. 5 that it has got an extension to sell duty-free liquor and beauty products at Singapore’s Changi Airport.
Changi Airport Group said earlier it would extend the duty-free operations of Shilla Travel Retail for a two-year period starting from 2020, after the expiration of its current six-year concession.
In 2014, Hotel Shilla opened its first duty-free outlet at Changi Airport. Since then, Hotel Shilla has been operating duty-free shops in four terminals at the Singapore airport.
Shilla Duty Free also operates duty free shops at Hong Kong International Airport on Chek Lap Kok Island and Incheon International Airport.
By Song Seung-hyun and newswires (email@example.com)