King Power
Thai Duty-free shop / From Wikipedia, the free encyclopedia
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The King Power International Group (Thai: กลุ่มบริษัท คิง เพาเวอร์ อินเตอร์เนชันแนล) is a Thai travel retail group, based in Bangkok. The chairman and CEO was Vichai Srivaddhanaprabha until his death in October 2018. He was succeeded as chairman by his son, Aiyawatt Srivaddhanaprabha.
Industry | Duty-free shop |
---|---|
Founded | 1989 (35 years ago) (1989) |
Founder | Vichai Srivaddhanaprabha |
Headquarters | 8 King Power Complex, Rangnam Road, Phaya Thai, Ratchathewi, Bangkok 10400 Thailand |
Area served | Thailand |
Key people | Aiyawatt Srivaddhanaprabha (Chairman & CEO) |
Revenue | US$2.141 billion (2017)[1] |
Number of employees | 7,000 |
Subsidiaries | Leicester City Oud-Heverlee Leuven |
Website | www www |
King Power's "...cash cow is the proprietary concession of Thailand's duty-free business."[2] The company is the largest duty-free retailer in Thailand. Its duty free shopping mall in Bangkok's central business district covers over 12,000 square metres (130,000 sq ft)[3] and it has branches at Suvarnabhumi Airport and Thailand's other major airports. In 2015, King Power launched an online site selling duty-free and duty-paid items.[4]