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NEWS 2021.10.25

Lotte Duty Free Opens Tiffany & Co. at Kansai Airport Store in Preparations for the Lifting of COVID-19 Restrictions through Global Expansion

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 - The only duty-free shop in Kansai, Japan, a shop that features modern design concepts
 - Lotte Duty Free operates an individual boutique-style shop in Kansai International Airport with a total of six brands

Lotte Duty Free (CEO: Lee Kap) revealed on October 15 that they opened a luxury jewelry brand Tiffany & Co. store, in Kansai International Airport, Japan. 

The store, located at the first departures terminal at Kansai International Airport, is an individual boutique-style shop measuring about 90 m². It opened anew on the 14th through remodeling. It is the only Tiffany duty-free shop in Kansai, and the store will operate until September 2023.

This store is the first among Tiffany duty-free shops in the country to have modern design concepts applied after Tiffany & Co. was purchased by LVMH in January this year. The interior and exterior resemble those of the Tiffany & Co. flagship store located on 5th Street in New York, and the shop features artwork by Jean Schlumberger, a major player in the modern jewel design scene and a representative designer at Tiffany& Co. Lotte Duty Free will be selling a broad range of jewelry, watches, and accessories that represent the Tiffany & Co. brand, including the new Tiffany T1 collection.

In order to target travelers in the East Asia region, Lotte Duty Free signed a contract for duty-free business rights in Kansai International Airport and opened a branch in September the same year. This has led to a remarkable achievement of expanding into the Japanese duty-free market for the first time for any Korean duty-free company. Starting with Tory Burch in December 2019, Lotte Duty free opened a Loewe shop in January this year, a Bulgari shop in June, and Bottega Veneta, Gucci, and Tiffany shops this month. There are now a total of six brands represented in the boutique-style shops in Kansai International Airport.

※ Reference 1) Brand Shops in Lotte Duty Free Kansai Airport Store 
Brand name Area Date opend
Tory Burch 58m² Dec. 1 ,2019
Loewe 38m² Jan. 7 , 2021
Bulari 89m² Jun. 5 , 2021
Bottega Veneta 65m² Jun. 25 , 2021
Gucci 107m² Jun. 30 , 2021
Tiffany & Co. 90m² Oct. 14 , 2021
Total 446m²
(about 135 pyeong)

The number of people that depart Japan from Kansai International Airport number around 12 million each year (as of 2019), making it the second largest international airport in Japan after Narita International Airport. These consist of 4 million Japanese, 3.25 million Chinese, and 1.5 million Koreans each year.

Lee Jong-hwan, the head of the Lotte Duty Free Global Business HQ, mentioned, “Lotte Duty Free operates the largest number of luxury brand shops in Kansai International Airport. We expect to be able to solidify our presence here in the Kansai region through the opening of the Tiffany & Co. shop.”

As part of its efforts to prepare for the global tourism demand that will soon be restored, Lotte Duty Free has recently resumed its overseas expansion project that had been suspended due to COVID-19. The company has been preparing in particular to open downtown stores in Da Nang and Sydney by constantly studying the local vaccination status and traveler trends and adjusting the time of opening the stores.

Lotte Duty Free currently operates 11 stores in six countries.

※ Reference 2) Lotte Duty Free Stores Overseas
Country Branch name Date opend
US Guam Airport Store 'Jul. 2013
Japan Kansai Airport Store 'Sep. 2014
Japan Tokyo Ginza Store 'Mar. 2016
Vietnam Da Nang Airport Store 'May 2017
Vietnam Nha Trang Cam Ranh Airport Store 'Jun. 2018
Australia Brisbane Airport Store 'Jan. 2019
Australia Darwin Airport Store 'Jan. 2019
Australia Melbourne Downtown Store 'Jan. 2019
New Zealand Wellington Airport Store 'Jan. 2019
Vietnam Hanoi Airport Store 'Jul. 2019
Singapore Changi Airport Store 'Jun. 2020