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Chung Mong-kyu, Lee Bu-jin eye 'world's largest urban duty-free shops' in Seoul

2015-05-26 01:46:14| Semiconductors - Topix.net

Chung Mong-kyu, Lee Bu-jin eye 'world's largest urban duty-free shops' in Seoul . MAY 26, 2015 07:20.

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S.Korea's Hotel Shilla To Buy US Duty-Free Stake

2015-03-23 16:46:11| Chemicals - Topix.net

Hotel Shilla said it will buy a 44 percent stake in US in-flight duty free retailer DFASS for USD$105 million, the latest push abroad by a South Korean duty free operator amid intensifying competition at home. Shilla, a hotel and retail unit of Samsung Group and the world's No.7 duty free retailer by revenue, has an option to buy an additional 36 percent of DFASS in five years, it said in a statement.

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S.Korea's Hotel Shilla says to buy stake in US duty-free firm for $105 mln

2015-03-23 09:56:56| Semiconductors - Topix.net

Hotel Shilla Co Ltd is buying a 44 percent stake in in-flight duty-free retailer DFASS for $105 million via its U.S.-based affiliate, the South Korean hotel and duty-free operator said on Monday. Hotel Shilla, a unit of Samsung Group, said in a statement it retains a call option to buy an additional 36 percent of DFASS in five years.

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US increases cap on duty-free apparel from Africa

2014-10-02 13:40:36| Daily apparel & textile news and comment - from just-style.com

In two moves relating to the African Growth and Opportunity Act (AGOA), the US has increased the amount of duty and quota-free apparel that can be imported under the trade agreement - and has launched its annual review into those countries that will be eligible for benefits in the next year.

Tags: africa apparel cap increases

 

PHILIPPINES: Garment exports to be duty-free under EU GSP+

2014-09-09 13:37:56| Daily apparel & textile news and comment - from just-style.com

The European Commission has given the green light to the Philippines' GSP+ application, in a move that will lead to the removal of import duties on products including textiles and garments shipped to the 28-nation European Union.

Tags: under philippines exports garment

 

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