Duty-free shops, hotels suffer dip in Chinese sales amid THAAD row
Mar 28, 2017
Duty-free stores and hotels in South Korea are suffering a dip in sales after China's travel agencies stopped selling trips to Korea early this month, industry sources said Tuesday, stemming from a diplomatic row over Seoul's deployment of a US anti-missile system. Lotte Duty Free, the No. 1 duty-free shop in the country, saw its sales from Chinese customers at key branches in Seoul and Jeju island tumble 40 percent between March 20-26, compared with a year earlier, heading for a cumulative 30 p