Takashimaya, ANA and South Korean firm to set up duty-free operator
Major department store operator Takashimaya Co. and two other firms will jointly establish a company Wednesday to operate duty free shops. Takashimaya will own 60 percent of the new firm, to be named A&S Takashimaya Duty Free Co., while All Nippon Airways Trading Co. and Hotel Shilla Co. of South Korea’s Samsung group will each have a 20 percent stake. The three companies announced in March that they will open a duty-free shop in Takashimaya’s flagship store in Shinjuku Ward, Tokyo, in spring 2017 and another in Osaka later.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-05-31/star/takashimaya-ana-and-south-korean-firm-to-set-up-duty-free-operator
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Takashimaya, ANA and South Korean firm to set up duty-free operator
Major department store operator Takashimaya Co. and two other firms will jointly establish a company Wednesday to operate duty free shops. Takashimaya will own 60 percent of the new firm, to be named A&S Takashimaya Duty Free Co., while All Nippon Airways Trading Co. and Hotel Shilla Co. of South Korea’s Samsung group will each have a 20 percent stake. The three companies announced in March that they will open a duty-free shop in Takashimaya’s flagship store in Shinjuku Ward, Tokyo, in spring 2017 and another in Osaka later.<br/>
