Lotte Duty Free diversifies with live shopping channel LDF Live
Korean duty-free retailer Lotte has launched a new live shopping, LDF Live, which hosted its first show yesterday, as it looks to diversify the sales channel for duty free goods.
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Emirates tries to tempt travellers back with COVID cover
Emirates has unveiled a radical package for passengers in a bid to tempt people to take to the skies once more. The UAE-based airline will cover COVID-19 quarantine costs and medical expenses for all passengers and all destinations.
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XpressSpa files first quarter results as testing pilot launches at JFK
XpresSpa Group has published a business update and announced that it has filed its financial results for the first quarter of fiscal 2020.
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L’Occitane announces improved FY2020 net sales growth despite COVID-19 impact
THE WHAT? French beauty brand L’Occitane has announced a FY2020 net sales growth of 15.2 percent at reported rates and an operating profit rise of 24.2 percent to €187.3 million, despite the ongoing impact caused by COVID-19. THE DETAILS The company...
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Duty free to your door: Dubai Duty Free to offer home delivery
Dubai Duty Free has launched a home delivery service to customers based in the UAE, according to a report published by Time Out Dubai.
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Hainan province ups duty free allowance for visitors
China’s Hainan province has upped the duty free allowance for visitors as well as increasing the number of goods that qualify for the tax exemption.
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Wangfuijing wins duty free license in bid to get China shopping
Wangfuijing Group has been awarded a license for duty free retail, according to a report published by Reuters.
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Duty Free products hit local shelves as South Korean government looks to boost sector during COVID-19 pandemic
South Korean duty-free operators have been given the go-ahead to sell their products via local retail channels, following the easing of government restrictions in a bid to bolster the sector amidst the COVID-19 pandemic, according to a report by Yonhap News Agency.
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Chanel monitored by anti-trust regulator in South Korea
Chanel is under investigation by The Korean Free Trade Commission (KFTC) in South Korea for allegedly flaunting the country’s Free Trade Act, according to a report by RLI.com.
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Group Arnault acquires minority stake in Lagardère SCA
Bernaud Arnault has acquired a minority stake in publishing and retail group Lagardère SCA through his Group Arnault holding, according to a report by WWD.com.
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Clorox teams up with United Airlines to launch United CleanPlus
Clorox has teamed up with United Airlines to launch a customer safety plan, named United CleanPlus.
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Dufry sees sales crash 94.1 percent in April
Dufry saw sales plummet by some 94 percent in April as passenger numbers dwindled to near nothing.
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Unilever to provide hygiene kits to Uber drivers
Unilever International has teamed up with taxi service Uber to provide hygiene kits for drivers and couriers in the UK.
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TFWA World Exhibition & Conference cancelled due to COVID-19
The Tax Free World Association has decided to cancel the 2020 edition of the TFWA World Exhibition & Conference, scheduled for September 27 to October 2.
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Beiersdorf Q1: hand cream is in, sunscreen and La Prairie is out
Beiersdorf has released preliminary Q1 results, with sales of La Prairie skin care as well as its sunscreen products hit by the drastic fall in travel retail, while sales of hand cream, hand wash and plasters have risen, according to a report by Reuters.
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The Hut Group moves into freight with launch of THG Air
The Hut Group is taking distribution into its own hands. The global consumer brand group has announced a partnership with Singapore Airlines as well as the purchase of two cargo planes in order to launch THG Air.
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Ulta Beauty launches curb-side collection
Stores may be closed to clients but Ulta Beauty has debuted a Curbside Pick-Up service in select stores. The offering is an extension of its popular Buy Online Pick Up in Store service.
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Reckitt Benckiser teams up with Hilton to launch Hilton Cleanstay program
Reckitt Benckiser (RB) has teamed up with hotel chain Hilton to launch the Hilton Cleanstay program, as it looks to deliver an ‘industry-standard of cleanliness and disinfection’ following the coronavirus pandemic.
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Revenue plummets at China International Travel Service as flights grounded
China International Travel Service saw its revenue plummet 44 percent year-on-year to CNY7.63 billion in the first quarter as travel bans and lockdowns were enacted around the globe, according to a report published by Nikkei Asian Review.
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Sa Sa International Q1 sales fall 56 percent; focus shifts to domestic consumer
Sa Sa International has reported a 56 percent drop for its 2020 Q1 wholesale and retail sales to HK$892.4 million (US$115.1 million).
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L’Oréal Q1 2020: e-commerce saves the day as sales down 4.8 percent
L’Oréal has reported its results for the first quarter of the current financial year. The French beauty giant saw sakes drop a modest 4.8 percent thanks to a last-minute uplift as business resumes in China as well as a strong performance from its e-commerce channel.
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Stay home and shop: Changi airport offers tax free shopping to non-fliers
Singapore’s Changi Airport is offering those self-isolating at home the chance to enjoy tax free prices without flying.
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Airport Authority Hong Kong announces HK$1 billion relief package
Airport Authority Hong Kong (AA) has announced a HK$1 billion relief package to help its partners as passenger numbers plummet in the wake of the coronavirus outbreak, according to a press release issued by the same.
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XpresSpa Group has announced that it has offered up its 46 airport locations as potential testing sites to the Centers for Disease Control and Prevention, the US department of Health and Human Services and private laboratories across the country.
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Lotte closes Gimpo airport store as traffic plummets
Lotte Duty Free has closed a store located in Gimpo International Airport, according to a report published by The Korea Herald, and reduced opening hours for stores in the city centre.
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