Puig unveils new travel retail hub for the Americas
Puig is said to have cut the ribbon on a travel retail hub for the Americas region in Miami.
Nice Cote d’Azur to renew entire retail offer
Nice Cote d’Azur Airport has issued a call for tenders covering its entire commercial offer, split between its three terminals dedicated to scheduled and business flights.
Dufry’s Sky-High Ascent: Profits Soar with Post-Pandemic Wings
Duty-free retailer Dufry has raised its profitability projections for 2023, attributing this adjustment to a surge in global travel post-pandemic, resulting in better-than-expected results for the year’s initial half.
Sasa International’s Turnover Surges Amidst Travel Rebound
Sasa International, a beauty retailer based in Hong Kong, experienced a 30.9% upswing in turnover for the quarter ended June 30.
Sales soar in Hainan as travel back on the agenda for Chinese tourists
Offshore duty-free stores in China’s Hainan province have reported total sales revenue of CNY32.4 billion for the first half of 2023, up 31 percent on year-on-year, according to a report published by China Daily.
Qatar Duty Free marks World Environment Day with reusable bags
In honor of World Environment Day’s campaign to #BeatPlasticPollution, Qatar Duty Free is replacing single-use plastic bags with locally sourced, reusable cotton totes at its eight Hamad International Airport Day-to-Day Essential Stores, according to a report published at DFI online.
The Shilla Duty Free resumes expansion plans shelved during pandemic
The Shilla Duty Free is resurrecting plans to expand international that were put on hold during the pandemic, according to a report published by TR Business. The South Korean firm has its eye on strategic locations across the Americas and Europe.
Korea’s duty free players see Q1 sales surge as the industry rebounds
Korea’s top duty free companies have all seen a strong Q1, thanks to more countries opening borders to visitors post-COVID, according to a report by Pulse News.
LVMH Beauty names Matheo Dizel GM, Travel Retail Europe
LVMH Beauty has announced the appointment of Matheo Dizel to the new role of General Manager, Travel Retail Europe, according to a report published by Fashion Network. Dizel is stepping up from his current role of Travel Retail Europe at Parfums Christian Dior.
China Tourism Group Duty Free Corporation FY2022: profit plunges 47.95 percent
China Tourism Group Duty Free Corporation has reported its preliminary results for fiscal 2022, according to a report published by China Travel News. The parent company of China Duty Free Group saw profit plunge 47.95 percent yoy to CNY5.025 billion after the now-lifted COVID-restrictions wiped out travel for the bulk of the year.
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