In 1996 LVMH MoГ«t Hennessy Louis Vuitton acquired the interests of Feeney and two other shareholders and as of 2012 jointly owned DFS with Miller. DFS continued to innovate, expanding into off-airport duty-free stores and into large downtown Galleria stores it grew to become the world's largest travel retailer. Securing the exclusive concession for duty-free sales in Hawaii in the early-1960s was a commercial breakthrough for DFS, which enabled the company to focus on Japanese travelers. DFS started operations in Hong Kong and spread to Europe and other places around the globe. Thirteen years later, two American entrepreneurs, Charles Feeney and Robert Warren Miller, founded what is now Duty Free Shoppers ( DFS) on 7 November 1960. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide. Д«rendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947 it remains in operation today. The world's largest airport by duty-free sales is South Korea's Incheon Airport, with US$1.85 billion in 2016, narrowly overtaking Dubai Duty Free with 2016 sales of $1.82 billion. 31 percent of sales came from the fragrances and cosmetics category, followed by the wine and spirit category with 17 percent and then comes tobacco products. Tax Free World Association (TFWA) announced that in 2011 Asia-Pacific, with 35 percent of global duty-free and travel retail sales, beat Europe and Americas, with these regions accounting for 34 percent and 23 percent respectively. Some special member state territories such as Г…land, Livigno and the Canary Islands, are within the EU but outside the EU tax union, and thus still continue duty-free sales for all travelers. They also sell to intra-EU travelers but with appropriate taxes. These outlets were abolished for intra- EU travellers in 1999, but are retained for travelers whose final destination is outside the EU. In some countries, any shop can participate in a reimbursement system, such as Global Blue and Premier Tax Free, wherein a sum equivalent to the tax is paid, but then the goods are presented to customs and the sum reimbursed on exit.

They are not as commonly available for road or train travelers, although several border crossings between the United States and both Canada and Mexico have duty-free shops for car travelers. Duty-free shops are often found in the international zone of international airports, sea ports, and train stations but goods can also be bought duty-free on board airplanes and passenger ships. However, some countries impose duty on goods brought into the country, though they had been bought duty-free in another country, or when the value or quantity of such goods exceed an allowed limit. Which products can be sold duty-free vary by jurisdiction, as well as how they can be sold, and the process of calculating the duty or refunding the duty component. Duty-free stores at Oslo Airport in Oslo, NorwayДЄ duty-free shop (or store) is a retail outlet whose goods are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country.

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