King Power

King Power International Group
IndustryDuty-free shop
Founded1989 (35 years ago) (1989)
FounderVichai Srivaddhanaprabha
Headquarters8 King Power Complex, Rangnam Road, Phaya Thai, Ratchathewi, Bangkok 10400 Thailand
Area served
Thailand
Key people
Aiyawatt Srivaddhanaprabha
(Chairman & CEO)
RevenueIncrease€876 million (2022)[1]
Number of employees
7,000
SubsidiariesLeicester City
Oud-Heverlee Leuven
Websitewww.kingpower.com
www.kingpoweronline.com

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.

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]

  1. ^ "King Power International Group: Turnover worldwide 2022".
  2. ^ Pananond, Pavida; Pongsudhirak, Thitinan (6 May 2016). "A Thai monopoly and Leicester's triumph". Bangkok Post. Retrieved 25 May 2016.
  3. ^ "King Power Downtown Complex". King Power. 2012. Archived from the original on 4 October 2012.
  4. ^ "Duty Free Online Shopping". King Power. Archived from the original on 8 December 2016. Retrieved 25 May 2016.