The Moodie Report

Travel Retail and Duty Free Business Intelligence    Wednesday 20 August 2014

The Moodie Report Stock Watch 18 August: Hotel Shilla Co Ltd (The Shilla Duty Free), +3.23%       World Duty Free Group: Close 8.12, Change +2.39% 52-week High 11.07; 52-week Low 6.80       Dufry: Close 152.60, Change +1.40%, 52-week High 168.00; 52-week Low 117.70       China International Travel Services (CDFG): Close CNY38.75, Change +2.87%, 52-week High CNY44.29; 52-week Low CNY30.11       Japan Airport Terminal Co: Close ¥3,545, Change +2.01%, 52-week High ¥3,555; 52-week Low ¥1,771       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩128,000 Change +3.23%, 52-week High ₩130,500; 52-week Low ₩55,500       Lagardère (Aelia, LS travel retail, Relay ): Close €21.02, Change +0.79% 52-week High €26.58; 52-week Low €18.21       LVMH (DFS Group, Starboard Cruise Services): Close €128.50, Change +1.02%, 52-week High €150.05; 52-week Low €121.00       MISR Duty Free Shops: Close 3.61, Change +0.28%, 52-week High 3.96, 52-week Low 2.70      

Vienna Airport profit grows as currency weakness hits Russian and Turkish spend

AUSTRIA. The airport has grown net profit by +7.6% despite recording no revenue growth in the first half of 2014. Slower spending from key passenger groups dented retail and food & beverage revenues, up by just €0.4 million, as the airport continued to develop its retail business in the first six months of the year.

Thai airports buoyed by concession revenue gains amid weak traffic growth

THAILAND. Airports of Thailand has delivered a detailed breakdown of its nine-month results, offering an insight into passenger traffic and revenue trends.

Dubai Duty Free to reprice US$2.5 billion in loan arrangements

UAE. The repricing of two loans worth US$2.5 billion, reported by Reuters and confirmed by The Moodie Report, reflects the favourable loan market in the UAE.

Global Exchange to offer currency services at Guayaquil airport

ECUADOR. The rapidly growing foreign exchange company will operate two outlets at Jose Joaquin de Olmedo International Airport in Guayaquil.

Nuance changes name of Hong Kong division after Watson exit

HONG KONG. Following Nuance’s acquisition of AS Watson's share in its Asia joint ventures, the regional division has been renamed The Nuance Group (HK).

Finnair Travel Retail head takes top role at tour operator subsidiary

FINLAND. Timo Kousa has become Managing Director of Aurinkomatkat Suntours alongside his role as Finnair Travel Retail Managing Director.

WHSmith opens four stores at new London Heathrow Terminal 2

UK. The retailer's stores at the new terminal cover 11,000sq ft and feature WHSmith’s latest design concepts as well as extended payment zones.

Flemingo opens largest Starter concept at Abu Dhabi T3 SkyPlaza

UAE. Flemingo International has opened the largest store yet devoted to its Starter convenience concept, at Abu Dhabi International Airport Terminal 3 SkyPlaza.

The Moodie Blog: Dubai Duty Free shapes new venture on the hoof

See how many acrobats you can spot. I'm still trying to figure out which one of them is Colm McLoughlin and which one is George Horan.

BRAND NEWS

FORMIA to offer Crabtree & Evelyn amenity kit onboard SriLankan Airlines

FORMIA will offer the airline's Business Class passengers a bespoke, branded tan-coloured canvas pouch containing a selection of Crabtree & Evelyn products.

Elie Saab’s La Collection des Essences inspired by haute couture

Described as "perfumed expressions of haute couture", the four-piece collection for women and men was created in collaboration with Francis Kurkdjian.

Issey Miyake explores the mystery of the night with Nuit d’Issey for men

BPI and Issey Miyake have unveiled Nuit d’Issey, a new spicy, woody, leathery fragrance for men developed by perfumers Dominique Ropion and Loc Dong.

Strong sales growth for Andrew Peller Ltd as Peller Estates sweeps awards

The company has reported strong sales performance for the first quarter of the 2015 fiscal year, as it celebrates several award wins for Peller Estates Icewines.

blu eCigs announces new senior appointments following rebranding

Alistair Hall has been named Commercial Director and James Dodkin Marketing Director in another key step in blu eCigs’ plans to expand in the UK market.

Snow Leopard Vodka marks Singapore roll-out with charity bike-off

The ultra-premium vodka was launched by Edrington with an environmentally-conscious delivery by a team of cyclists from Singapore's Cat Welfare Society.

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