Chanel launches Beauty Studio at Paris airport
Chanel has partnered with Lagardere Travel Retail and Aeroports de Paris to open a new Beauty Studio at Paris’ Roissy-Charles de Gaulle Airport, according to a report published by DFNI Online.
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Chanel cancels dividend payments as pandemic hits profits
Chanel hasn’t paid dividends to its owners for the past year, according to a report published by the Mail on Sunday, and is not proposing to pay a dividend that would usually be due this month.
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16,000 passengers boarded flights to nowhere for duty free splurge
Almost 16,000 passengers have boarded 152 flights ‘to nowhere’ in order to indulge in a tax free shopping spree, according to a report published by The Korea Herald quoting data from the Korea Customs Service.
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Lagardere bows to activist investor pressure with concessions
Lagardere has announced a series of structural changes designed to appease activist investors ahead of the company’s AGM this week, according to a report published by Reuters.
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British Airways to discontinue Elemis spas
British Airways has made the closure of its in-lounge Elemis spas permanent, according to a report published by The Points Guy, quoting Turning Left for Less.
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LVMH reports bolstered Q1 results; capitalizes on demand for luxury goods in U.S. and China
LVMH has reported a ‘good start to the year’, recording revenue at €14 billion for Q1 2021, up 32 percent YOY.
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Dufry scores two new concession contracts at Brazil airport
Dufry has been awarded two new concession contracts at Salgado Filho International Airport, Porto Alegre, Brazil.
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Dubai Duty Free home delivery racks up US$13 million in sales
Dubai Duty Free racked up sales of approximately US$13 million via the home delivery service it set up in June, 2020, according to a report published by TR Business.
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TFWA set to return to Cannes for 2021
TFWA has announced that its World Exhibition & Conference is planning to return to Cannes this September for an in-person event.
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Lagardère Travel Retail partners with Hainan Tourism Investment Development to open large scale store
Lagardère Travel Retail has partnered with Hainan Tourism Investment Development to open its second large-scale, Duty Free store in downtown Sanya.
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