Lotte Duty Free, Up to 80% Discount for Summer Vacation Season

Lotte Duty Free is hosting the 'Splash Summer Vacance' event for domestic customers preparing for overseas travel during the summer vacation season.

[Asia Economy Reporter Jeon Jinyoung] Lotte Duty Free announced that it will hold the ‘Splash Summer Vacance’ event until August 28 to expand benefits for domestic customers preparing for overseas travel during the summer vacation season.

According to Lotte Duty Free on the 20th, up to 80% discounts will be offered on products from a total of 30 brands including Marc Jacobs, Chlo?, Bally, and Swarovski at downtown stores and Lotte Internet Duty Free.

At Lotte Duty Free downtown stores, an event is being held to give out LDF PAY, which can be used like cash at Lotte Duty Free. This event provides PRE LDF PAY that can be applied immediately upon purchase: 20,000 KRW for purchases over $200 on eyewear, cosmetics, perfume, fashion, and accessories; and 10,000 KRW for customers holding next-generation electronic passports who purchase over $100. Additionally, to ease the burden of COVID-19 testing costs required upon re-entry to Korea from overseas, LDF PAY worth up to 150,000 KRW will be given depending on the purchase amount.

At Lotte Internet Duty Free, customers who purchase over $1,000 will be entered into a draw to win a 2-night stay at Lotte Hotel Guam, and admission tickets to Lotte World Aquarium and Seoul Sky Observatory at Lotte World Tower will be given on a first-come, first-served basis depending on the purchase amount.

Lotte Duty Free is also conducting a ‘Dynamic Exchange Rate Compensation Event’ for customers who feel burdened by the recently increased exchange rates when shopping for duty-free goods. This event, first introduced in April, provides LDF PAY according to the KRW-USD exchange rate and purchase amount. At downtown stores, if the store’s standard exchange rate exceeds 1,250 KRW but is 1,300 KRW or less, up to 20,000 KRW worth of LDF PAY is given; if it exceeds 1,300 KRW, up to 35,000 KRW worth of LDF PAY is provided. At Lotte Internet Duty Free, if the standard exchange rate is 1,250 KRW or higher, ‘The Dream’ points usable immediately are given up to $175 depending on the purchase amount.

The validity period of LDF PAY will also be extended. Lotte Duty Free plans to extend the validity of LDF PAY expiring from June this year to June next year by one year from each expiration date to minimize consumer inconvenience.

A Lotte Duty Free official said, “We expect overseas travel to fully resume this summer and have prepared various promotions,” adding, “We will continue to increase benefits for Lotte Duty Free customers through more innovative events such as high exchange rate compensation events and promotions related to lifting purchase limits.”

This content was produced with the assistance of AI translation services.