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Haikou International Duty-Free City Shopping Complex, is the world's biggest stand-alone duty-free store in terms of physical size. Located in Haikou, Hainan, China, the buildings have a total area of 280,000 square meters. [1] [2] Aelia Duty Free – a brand of Lagardère Travel Retail. [3] Comturist – a chain of duty-free stores.
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
In 1960, American entrepreneurs Charles Feeney [5] and Robert Warren Miller [6] founded Tourists International, which later became Duty Free Shoppers (DFS), in Hong Kong.In 1962, two DFS stores were opened at the international airports in Hong Kong and Honolulu, the first duty-free shop in the United States.
Days after U.S. President Donald Trump ended duty-free entry for cheap Chinese goods entering the U.S., his administration put the order on hold after more than a million packages piled up at New ...
In addition to imposing a new tariff on Chinese imports, Trump’s executive order also suspended a little-known customs exemption that allowed goods worth less than $800 to come into the U.S. duty-free. The order left open the possibility for the loophole to still be used with shipments from other countries.
Duty Free World is the only female-owned company in the travel-retail industry. The company employs over 200 people around the world and processes over 1,068,545 transactions annually from traveling customers.
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Hellenic Duty Free Shops SA, founded in 1979, is a Greek company in the travel retail industry. The company holds the exclusive right to the retail sale of duty-free goods in Greece . It has a network in Greece, composed of 97 shops at 45 points (22 airports, 11 border checkpoints, and 12 ports).