FY2020 will be ‘severely impacted’ by COVID-19, Shiseido warns
Shiseido has published its results for the second quarter of the year and it doesn’t look good for the Japanese cosmetics giant. Sales plummeted 34.4 percent yoy to ¥190.9 billion, Shiseido said, despite impressive growth in the e-commerce channel and a solid recovery in China prestige.
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.
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.
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...
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.
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.
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.
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.
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.
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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