A local accessory brand is set to launch a duty-free boutique at Incheon International Airport this week, industry sources said Sunday, a rare move amid the dominance of global luxury brands in the duty-free shopping market.
Couronne, a bag and accessory brand owned by Kolon Industries and created by a local designer, is expected to open a boutique within the duty-free shop ran by Korean Tourism Organization on Wednesday.
The boutique, which will solely carry Couronne items, is set to be located across from a Chanel boutique run by Samsung affiliate Shilla Duty Free Shop.
Upon the opening, Couronne will be the second local brand to open a boutique at the country's main airport after accessory brand MCM. Most of the existing boutiques carry global luxury brands such as Hermes and Fendi.
Market watchers attributed the rare entrance to the brand's surging sales. Couronne, which was launched in 2009, saw its revenue top 15 billion won (US$13 million) in the first half of this year. (Yonhap)