The Moodie Report

Travel Retail and Duty Free Business Intelligence    Wednesday 03 September 2014

The Moodie Report Stock Watch 02 September: MISR Duty Free Shops, +2.24%       World Duty Free Group: Close 8.68, Change +1.11% 52-week High 11.07; 52-week Low 6.80       Dufry: Close 155.70, Change +0.45%, 52-week High 168.00; 52-week Low 117.70       China International Travel Services (CDFG): Close CNY37.89, Change +0.72%, 52-week High CNY44.29; 52-week Low CNY30.11       Japan Airport Terminal Co: Close ¥3,880, Change +2.24%, 52-week High ¥3,965; 52-week Low ¥1,806       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩120,000 Change +2.13%, 52-week High ₩135,500; 52-week Low ₩55,500       Lagardère (Aelia, LS travel retail, Relay ): Close €20.72, Change +0.12% 52-week High €26.58; 52-week Low €18.21       LVMH (DFS Group, Starboard Cruise Services): Close €133.05, Change +0.11%, 52-week High €150.05; 52-week Low €121.00       MISR Duty Free Shops: Close 3.19, Change +2.24%, 52-week High 3.96, 52-week Low 2.70      

Setur Duty Free opens new airport and seaport operations amid growth drive

TURKEY. Setur Duty Free has opened new airport and seaport operations as it seeks expansion within its core Turkish market as well as targeting growth overseas. In July, the travel retailer’s newest operation opened at Gaziantep International, a regional airport in southeastern Anatolia. It has also opened a new business this year at Balikesir Ayvalik seaport on the North Aegean coast. In addition, the retailer plans to open an Apple store at Istanbul Sabiha Gökçen International this month.

CDF redefines travel retail with extraordinary Haitang Bay opening

CHINA. China Duty Free has marked the opening of CDF Mall, the centrepiece of the extraordinary CITS Haitang Bay Duty Free Shopping Complex. UPDATED.

Diageo Global Travel opens Johnnie Walker Houses in Mumbai and Taipei

Diageo Global Travel is opening two Johnnie Walker Houses in travel retail – one in Mumbai (with DFS/Flemingo) and another in Taipei (with Ever Rich).

Canadian airport duty free sales surge in July; land border sales up over +1%

CANADA. Canadian duty free sales saw positive growth in July, with airports posting sales growth of +20% and land border stores seeing sales increases of +1.09%.

Abu Dhabi International posts double-digit growth in July passenger traffic

UAE. Abu Dhabi Airports has reported a +21.7% surge in passenger traffic at Abu Dhabi International Airport for July, with the total hitting 1.7 million.

UK Airports Commission rules out Thames Estuary airport proposal

UK. The Airports Commission rules out building a new airport in the Thames estuary, meaning an expansion of either Heathrow or Gatwick airport.

LVMH announces passing of former Louis Vuitton CEO Yves Carcelle

Yves Carcelle, the man credited with turning Louis Vuitton into the world's leading luxury brand, has died, aged 66, following a long struggle with illness.

Diageo unveils travel retail campaign for Haig Club with DFS Changi

The Changi activation for Diageo's new single grain Scotch whisky features a tasting bar, photo booths and a preview of the campaign starring David Beckham.

No making (duty free) allowances for western leaders in Vladivostok

If Norway is awarded ‘nul points’ it can ban all other European nationalities from buying at Oslo Airport. ‘Norwegians only’ (ok, we’ll make an exception for Germans)’ will be the Heinemann sign.

BRAND NEWS

Diageo Global Travel opens Johnnie Walker Houses in Mumbai and Taipei

Diageo Global Travel is opening two Johnnie Walker Houses in travel retail – one in Mumbai (with DFS/Flemingo) and another in Taipei (with Ever Rich).

Bacardi brings a touch of Cuban spirit to key European airports this summer

A Havana inspired bar and Cuban band performances are some of the elements of an activation to support the launch of Bacardi Gran Reserva Maestro De Ron.

BPI adds a nocturnal touch to masculine portfolio with Nuit d’Issey

Beauté Prestige International (BPI) has created a new men’s fragrance from designer Issey Miyake, called Nuit d’Issey. It is being launched this month.

Chocolat Frey strengthens regional teams with two new appointments

Chocolat Frey has appointed new regional sales managers for Europe and Asia Pacific as the brand looks to increase its travel retail presence in those regions.

Juan Miguel Cabrera announces departure from Ferrero Travel Market

Ferrero Travel Market Sales Director Juan Miguel Cabrera has announced that he is leaving the company after seven years. His last day will be Friday 5 September.

Burberry unveils My Burberry flagship feminine fragrance

Burberry has unveiled a new feminine scent, described by the brand as its most significant fragrance to date. My Burberry begins its global launch this month.

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