Duty Free news and archive

Louis Vuitton opens boutique at Amsterdam Airport Schiphol

Louis Vuitton opened its fifth boutique in the Netherlands at Amsterdam Airport Schiphol, Holland’s main airport. It was surprising that luxury group LVMH (Louis Vuitton Moët Hennessy), owner of the Louis Vuitton brand, had not previously opened at Amsterdam Airport Schiphol, one of the main European air hubs, often ranked in the top five...

Retail

Heathrow Airport is UK haven for duty-free shopping

A recent survey indicates that for many Brits, the holiday experience begins before reaching the final destination, with 40 percent of travelers considering their trip to start at the airport. Recognising this trend, PayingTooMuch conducted an analysis of the UK's busiest airports to determine their suitability for entertaining passengers both...

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Business

Hainan Duty Free sales rise 83 percent

Hainan Island’s offshore duty free sales have risen 83 percent to 9.47 billion dollars. The news was reported by Moodie Davitt Report. The revenues were revealed by Hainan Business, which is controlled by the Hainan Provincial Department of Commerce. The number of shoppers increased 73 percent to 9,676,000 and duty free items purchased increased...

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Retail

New Government scheme to end tax free shopping for UK visitors

The UK Government this week announced tax free shopping in the UK as we know it will end on 31st December this year. All overseas visitors will no longer be able to obtain a VAT refund on items bought in the UK and take home in their luggage. Furthermore, UK airports will no longer be able to offer duty free items on fashion, accessories and...

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Apparel

Vatican home to luxury store

Men of the cloth may devote their lives to God, but that doesn't mean they can't be fashionable doing so. The Vatican City is home to many treasures, including a department store offering luxury goods to prelates and their staff. In fact, the duty free shop is only open to the Vatican's 594 residents, who have the luxury of buying anything from...