The Moodie Report

Travel Retail and Duty Free Business Intelligence    Wednesday 16 April 2014

The Moodie Report Stock Watch 15 April: Hotel Shilla, Change -6.04%       World Duty Free Group: Close 9.58, Change +0.10% 52-week High 11.07; 52-week Low 6.80       Dufry: Close 141.60, Change -1.53%, 52-week High 159.50; 52-week Low 111.10       China International Travel Services (CDFG): Close CNY35.19, Change -2.11%, 52-week High CNY44.29; 52-week Low CNY26.40       Japan Airport Terminal Co: Close ¥2,418, Change +0.29%, 52-week High ¥2,792; 52-week Low ¥1,153       Hotel Shilla Co Ltd (The Shilla Duty Free): Close ₩79,400 Change -6.04%, 52-week High ₩91,600; 52-week Low ₩50,500       Lagardère (Aelia, LS travel retail, Relay ): Close €28.00, Change -0.99% 52-week High €29.80; 52-week Low €18.42       LVMH (DFS Group, Starboard Cruise Services): Close €142.00, Change -0.11%, 52-week High €150.05; 52-week Low €117.80       MISR Duty Free Shops: Close 3.10, Change +0.32%, 52-week High 3.96, 52-week Low 2.70      

Chinese share of South Korean tourism market doubles in five years as Japanese business continues to slip

SOUTH KOREA. Five years ago, Japanese visitors accounted for 41.8% of arrivals to South Korea. That figure has now halved as booming Chinese tourism transforms the market. With the Incheon International Airport duty free tender imminent, the latest Korea Tourism Organization figures make intriguing, and encouraging, reading.

ETRC and IAADFS urge retailers to make the most of new LAGs regime

INTERNATIONAL. The associations have welcomed the successful implementation of enhanced liquids, aerosols and gels screening in Europe and North America.

Second airport for Sydney is approved; work to begin in 2016

AUSTRALIA. The government today approved the building of a second international airport for Sydney, with completion expected by the mid-2020s.

Sim Local to open three new stores at London Heathrow Airport

UK. The SIM card retailer will open three mores stores at Heathrow by June and aims to expand its travel retail model to other international airports.

Delhi Duty Free Services sponsors Delhi Daredevils cricket team

INDIA. The partnership begins with several in-store activities this week and will continue with a big brand presence across the team’s kit and stadium.

Abu Dhabi Airports releases duty free EOI for Midfield Terminal

UAE. The airports company has begun its keenly anticipated commercial build up for the new facility with the launch of its duty free Expressions of Interest process.

Summer start planned for Kansai and Osaka airport privatisation

JAPAN. State-owned New Kansai International Airport Co is expected to auction 40-45 year management concessions for the airports this summer.

Copenhagen Airport set to open first B&O Play store in travel retail

DENMARK. Copenhagen Airport is to open the first airport store dedicated to Bang & Olufsen’s B&O Play brand, as well as extending its luxury portfolio.

Up, up and away for the flying Foxes as Wednesday trumped on Friday

I doubt there's a happier travel retailer in the world than King Power International Group's Susan Whelan but it has nothing whatsoever to do with trading results.

BRAND NEWS

Delhi International Airport sets up 'Base Camp' for passengers

Camping equipment, ruck sacks and waterproof matchsticks will now be available for purchase by domestic and international passengers at Delhi T3.

Torres partners with Singapore Airlines to serve La Masia 2012

Marimar Chardonnay La Masia 2012 has been listed for pouring on Singapore Airlines (First Class) between October 2014 and September 2015.

Distell strikes gold with launch of new Amarula extension line

Amarula Gold, the non-cream spirit which launched in domestic and selected duty free markets last month, has elicited strong response from consumers, Distell says.

Nuance Australia offers new limited range from St Hugo winery

Vetus Purum, an exclusive new range from the iconic Barossa Valley winery St Hugo, is now available in Nuance Australia’s Sydney and Melbourne airport stores.

South Africa's airports spotlight award winning Bain’s Cape Mountain Whisky

Distell has partnered Big Five Duty Free to promote Bain’s Cape Mountain at Cape Town International and OR Tambo International airports this month.

Chinese investment company acquires The Dreyfuss Group

The family-run Swiss watch business has been acquired by China Haidian Holdings, a Hong Kong-listed investor with two of the top four watch brands in China.

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