Travel retailer Dufry has reported strong recovery in FY21, reporting organic growth of 53.2 percent and adjusted operating profit of CHF 374.9 million.
The Shilla Group has reported its interim results for the fourth quarter of fiscal 2021. The Korean travel retail and hotel operator saw revenue grow 34 percent yoy to reach KRW1,129.9 billion.
Air France and Sisley have cut the ribbon on a new spa located at the airline’s La Premiere Lounge in Paris’ Charles de Gaulle airport.
The Estee Lauder Companies has promoted Umair Ansari to Vice President and General Manager, Travel Retail Europe, Middle East and Africa, effective January 1, 2022.
Shiseido has reported a Q3 net sales rise of 13 percent, with global growth driven by Americas, EMEA and travel retail offsetting challenges in Japan and China.
Beiersdorf has reported its results for the third quarter and first nine months of financial 2021. The German manufacturer of Nivea saw ‘strong sales improvement’ with sales growth of 12 percent to €5.8 billion exceeding the pre-COVID levels of 2019.
New Delhi-based Renee Cosmetics has raised $1.5 million in a pre-series A funding round, which was led by Equanimity Ventures, 9Unicorns and Titan Capital.
Bernard Arnault has ended his shareholder agreement with Arnaud Lagardere, according to a report published by Reuters.
Celebrity Cruises and Goop have furthered their partnership with a program of wellbeing classes to be held on board a series of four Caribbean sailings this fall.
Dufry has reported a turnover of CHF1,187.2 million for the first half of 2021, 69.5 percent down on 2019 levels. The travel retail operator said that the resumption of travel in the US, Central America and parts of EMEA was driving a gradual recovery.