Sales At Duty Free Shops Inch Up

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Sales at Duty-Free Shops Inch up

Sales at duty-free shops showed signs of recovery after the drop of Chinese travelers followed by China's unofficial boycott over the stationing of a U.S. Terminal High-Altitude Area Defense battery here.

According to the Korea Duty-Free Shops Association, duty-free shops saw an increase in sales from foreign travelers, reaching US$656 million in May, up 11 percent from the previous month.

The number of foreign shoppers also slightly increased to 1.02 million from 998,000.

Duty-free stores had seen a steady rise in sales until February with their monthly total sales reaching $883 million, but sales dwindled drastically in March and April amid the THAAD spat.

Dark Times for Duty-Free Shops as Chinese Stay Away
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Dark Times for Duty-Free Shops as Chinese Stay Away

Duty-free shops are likely to see their annual sales drop for the first time in 14 years amid an unofficial Chinese boycott.

Last year's sales totaled at W12.27 trillion, but this year's are projected to plunge 14 percent to W10.5 trillion (US$1=W1,129).

Duty-free sales dropped four percent in 2003 amid the Severe Acute Respiratory Syndrome scare but have been growing ever since. They weathered later problems like North Korea's nuclear tests and the Middle East Respiratory Syndrome scare with ease.

The Shilla Duty Free And Changi Airport Group Present Shinee And Red Velvet For A One-Night Exclusive Concert
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The Shilla Duty Free And Changi Airport Group Present Shinee And Red Velvet For A One-Night Exclusive Concert

(Photo : Shilla Duty Free Singapore and Changi Airport Group)

For the first time, The Shilla Duty Free and Changi Airport Group will present a one-night exclusive Shilla Beauty Concert featuring Korean pop sensations, SHINee and Red Velvet. To be held in the evening of 24 November 2017 at Suntec Convention Centre, this event will commemorate the upcoming launch of The Shilla Duty Free's new store at Singapore Changi Airport Terminal 4 (T4). Sponsored by Samsung, Global Tax Free, Korea Tourism Organization and The Embassy of the Republic of Korea; concert tickets are available to the public only through The Shilla Duty Free stores located at Changi Airport Terminals 1, 2 3 or online at iShopChangi.com.

Seventeen's 'Al1' becomes the idol album with 2nd highest first-week sales in 2017
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Seventeen's 'Al1' becomes the idol album with 2nd highest first-week sales in 2017

Seventeen keeps growing.

The boys' most recent 'Al1' is their most sold album yet, with 192,399 first-week sales compared to the 131,998 first-week sales of their last mini album 'Going Seventeen'. This puts them at 2nd highest idol first-week sales in 2017, and 10th highest idol first-week sales of all time.

SEE ALSO: [MVAlbum Review] Seventeen -- 'Al1

Congratulations to Seventeen.

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BIGBANGs T.O.P To Be Dismissed From Duty For Duration Of Prosecution
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BIGBANGs T.O.P To Be Dismissed From Duty For Duration Of Prosecution

According to the Seoul metropolitan police on June 5, BIGBANG’s T.O.P will be prosecuted without detention for use of marijuana. The rapper already admitted to two instances of smoking marijuana during questioning, although he is denying two additional instances of smoking liquid marijuana, something that will be determined in trial.

See also: BIGBANG’s T.O.P Releases Official Hand-Written Apology About Marijuana Case

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