Korean Cosmetics Shine In China, Draw Investors (2)

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The trade is not without its draw back. To counter unofficial re-sales, Korea’s Customs Service is considering setting a 50 product limit for responsibility-free patrons, a customs official mentioned. Analysts say this could dent gross sales by smaller firms, however observe that larger firms already restrict responsibility-free purchases to control store stock.Make Up

Best recognized for its British-made trenchcoats, Burberry’s magnificence vary is led by fragrances My Burberry and Mr Burberry, and consists of cosmetics to help introduce its brand to new shoppers. Sales are boosted by South Korea’s responsibility-free market – the world’s largest – which caters especially to large-spending Chinese vacationers. Cosmetics accounted for nearly half of the country’s report duty-free revenue of 5.eight trillion won ($5.1 billion) in the first half of this year, customs data confirmed.