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The King Power International Group 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 began in 1989, with a license granted for Thailand's first downtown duty-free shop at Mahatun Plaza. In 1995, King Power won the sole concession to operate duty-free shops at Don Mueang Airport, then Bangkok's main airport. In 1997, the government of Prime Minister Chavalit Yongchaiyudh granted the company the sole right to manage duty-free business at the World Trade Centre in downtown Bangkok for 10 years. The business had previously been managed by the Tourism Authority of Thailand. Some questioned whether it was contrary to Prime Minister's Office regulations regarding partnership with private business.
King Power Group, where Possibilities are at the heart of everything we do. The group never stops looking for new possibilities in all forms of experience creation called ‘Travel and Experience Creator’, providing new possibilities in Travel Retail, Retail, Dining, Hospitality, Consumer Products, Travel Experiences, and Sports for people worldwide. Through its core business concept “The Power of Possibilities” we provide unique experiences and service excellence, and inspire people to see the possibilities in everything to live a meaningful life every day. The company’s omni-channel retailing and cohesive digital integration assures its customers of seamless world-class experiences. Numerous CSR initiatives mirror the groups’ commercial activities leading to empowering local communities and shared values among stakeholders.
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